https://www.reuters.com/article/us-conocophillips-outlook-idUSKCN26F2ZP

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Slideshow ( 2 images ). (Reuters) - U.S. oil producer ConocoPhillips COP.N sees global demand returning to 100 million barrels per day and growing from there, a senior executive said on Thursday. The view stands in contrast to rival BP Plc BP.L , which sees the coronavirus pandemic leaving a lasting effect on global energy demand, though ConocoPhillips still expects "quite a bit of uncertainty next year," Senior Vice President Dominic Macklon said during a Q&A with Raymond James. Capital spending in 2021 will be “somewhat below” its original planned 2020 level of $6.6 billion, Macklon said. The hardest-hit area of the oil industry in 2020 has been U.S. shale, where producers cut production... Full story

24 September

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