Most people try to guard against confirmation bias, which, put simply, is a tendency to lay greater weight on evidence supporting or confirming an existing belief as opposed to a contrary point of view. But it can be hard to do, especially when listening to quarterly conference calls, eager to glean fresh information on industry trends. If you're ingrained with the old saw, "The cure for low oil prices is low oil prices," certain comments by senior execu-tives offering glimmers of upside for crude oil jump out at you.
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