ConocoPhillips CEO pushes back against global oil supply glut fears [Seeking Alpha]
ConocoPhillips (COP)
Last conocophillips earnings: 4/30 07:00 am
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US:NYSE Investor Relations:
conocophillips.com/investor-relations/investor-presentations
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Source: Seeking Alpha
hit global oil markets, telling the Energy Intelligence Forum in London on Tuesday that "the sentiment today that's in the market doesn't really match the physical Quick Insights ConocoPhillips CEO asserts there is no current glut or significant inventory increases; oversupply fears don't match present physical market conditions. The CEO believes most quota additions are 'paper barrels' already in the market, and does not foresee a flood of new supply from OPEC+. Lance anticipates U.S. supply to plateau around 13-13.5 million bbl/day for some time if WTI stays at $60-$65/bbl, due to improved resource, technologies, and efficiency. Recommended For You More Trending News
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COP
Earnings
- 11/6/25 - Beat
COP
Sec Filings
- 12/3/25 - Form 4
- 11/18/25 - Form 4
- 11/18/25 - Form 4
- COP's page on the SEC website