ConocoPhillips sees oil price floor rising to $70 a barrel, chairman says ConocoPhillips Chairman R...
ConocoPhillips sees oil price floor rising to $70 a barrel, chairman says ConocoPhillips Chairman Ryan Lance expects the oil price floor to rise to around $70 per barrel and sees a mid-cycle price of $65-$70 per barrel for the US West Texas Intermediate crude benchmark, he told the Energy Intelligence conference in London on Monday.