Published Oct 5, 2026, 6:09 AM ET · Updated a month ago · 2 sources

ConocoPhillips sees oil price floor rising to $70 a barrel, chairman says

reuters
reuters
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Original Report

ConocoPhillips Chairman Ryan Lance said on ​Monday he expects the oil price floor ‌to rise to around $70 per barrel and sees a mid-cycle price of $65 to $70 per barrel ​for the US West Texas Intermediate ​crude benchmark.