Connor Ingram made 19 saves for the Oilers (40-30-10), who have lost three of four (1-2-1).
“We just couldn’t find a way to get one,” Edmonton center Adam Henrique said. “I thought we pushed hard throughout the entire game, had a lot of opportunities, but couldn’t find a way to get that first one.”
The Oilers would have clinched a playoff berth with one point. Edmonton can still clinch a berth Saturday if the Winnipeg Jets fail to win in regulation against the Philadelphia Flyers.
"I thought the effort was great," Edmonton coach Kris Knoblauch said. "I thought they worked hard. We did a lot of good things. We did make some mistakes. I thought Ingram played really well. I thought we had enough scoring chances (to) get certainly more than one goal tonight, and their goalie played well and we missed some really good opportunities."
Panarin put the Kings up 1-0 at 7:34 of the first period. He stole the puck from Oilers defenseman Evan Bouchard at the blue line in the defensive zone and scored on a breakaway with a wrist shot that beat Ingram to his glove side.
It was Panarin’s 26th point (nine goals, 17 assists) in 23 games since being traded from the New York Rangers on Feb. 4.
“I mean, he can make plays, and he makes two or three a night that no one else makes,” Kings interim coach D.J. Smith said. “A lot of the game was just that kind of back and forth, but they made one mistake, give The Bread Man a breakaway and he gets the winner, so we expect a lot from him to get where we want to go, but he found a way to do it here tonight.”