# Oil price floor likely rising to $70/bbl, ConocoPhillips chairman says — retained record

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source: [news](https://highsignal.app/data/news) (news:seeking-alpha)  published 2026-10-06 00:22 ingested 2026-10-06 02:56

[original source ↗](https://seekingalpha.com/news/4650397-oil-price-floor-likely-rising-to-70bbl-conocophillips-chairman-says?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news)

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Energy

Oil price floor likely rising to $70/bbl, ConocoPhillips chairman says

Oct 05, 2026, 8:22 PM ETConocoPhillips (COP) StockBy : Carl Surran, SA News Editor

The global oil system bent but did not break from the ​Middle East war, but the oil price floor ‌likely will rise to ~$70/bbl with a mid-cycle price of $65-$70 ​for the U.S. WTI ​crude benchmark, ConocoPhillips (COP) Executive

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document fetched 2026-10-06 02:56 · canonical https://seekingalpha.com/news/4650397-oil-price-floor-likely-rising-to-70bbl-conocophillips-chairman-says?feed_item_type=news