It has been a challenging couple of years for crude oil producers. Low prices, reticent investors over the impacts of energy transition and now COVID. Nick Allen, General Manager of Global Crude and NGLs at ConocoPhillips, joins us to discuss the state of the crude oil markets and the drivers behind the current trends from acquisitions and consolidation to the surge in returns from trading books. Nick also gives insight into ConocoPhillips’ recent announcement regarding the proposed acquisition of Concho Resources and how the firm is approaching energy transition and handling the global pandemic.

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