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COP reports oil gains, Qatar LNG largely shut; Venezuela investment conditional

ConocoPhillips said realized oil rose 36% YoY to $62.33/bbl. Its Qatar LNG facility was largely shut amid Strait of Hormuz bottlenecks. The company warned Venezuela investment depends on policy stability, rule of law and evolving NABEP talks.

COP

33/bbl, while its Qatar LNG facility was largely shut amid Strait of Hormuz bottlenecks. The company also said any investment in Venezuela depends on policy stability, rule of law and the evolution of NABEP talks.