Report
Oil price floor forecast to rise to around $70 a barrel
Reuters reports ConocoPhillips Chairman Ryan Lance sees a $65-to-$70 mid-cycle price for US West Texas Intermediate crude.
TLDR
Reuters reports that ConocoPhillips Chairman Ryan Lance expects the oil price floor to rise to around $70 a barrel. He also sees a mid-cycle price of $65 to $70 a barrel for US West Texas Intermediate crude.
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