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Royal Dutch Shell Is Selling Its Permian Basin Oil Holdings to ConocoPhillips

HOUSTON — Royal Dutch Shell sold its oil and gas production in the Permian Basin, the biggest American oil field, to ConocoPhillips for $9.5 billion in cash on Monday.The deal […]




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Why $4-a-Gallon Gas May Be Coming Your Way This Summer

HOUSTON — Even as oil and gasoline prices rise, industry executives are resisting their usual impulse to pump more oil out of the ground, which could keep energy prices moving […]