Saturday, August 16, 2025
U.S. oil CEOs offer opposing views on crude output growth- oil and gas 360

U.S. oil CEOs offer opposing views on crude output growth

Reuters HOUSTON – The chiefs of major U.S. oil companies Occidental Petroleum Corp and ConocoPhillips offered differing outlooks on the growth of U.S. oil output at a conference Monday, as the industry rebounds from shutdowns during the first stage of the coronavirus pandemic. Oil prices have surged to seven-year highs in the last several weeks, with international benchmark Brent crude