ConocoPhillips beats first-quarter profit on high fuel demand, tight supplies

Capt. John

U.S. shale producer ConocoPhillips beat Wall Street estimates for first-quarter profit on Thursday as sustained fuel demand and tight crude supplies kept oil prices elevated. Benchmark Brent crude averaged $81.24 a barrel in the first three months of 2023, nearly 20% lower than last year but still...

https://www.hellenicshippingnews.com/conocophillips-beats-first-quarter-profit-on-high-fuel-demand-tight-supplies/

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