My experience is mixed. In my eat less exercise more phase following standard advice I found no difference to weight loss exercising 1 day a week to 5 days a week. It was all about the food. Limit the food and I lost weight (temporarily!).
I trained for a marathon in 2016 before I discovered Keto. I was running at 80-100% effort for an hour on a track once a week, running at 60-70% capacity for a long run once a week for 1-4hrs depending on the week, another 50% recovery run, and then a swim. I got through the marathon in 6:30. Not fast at all but I was delighted to have finished it!
During the 20 week training I put on weight, about 3kg. Was constantly rangry (hungry/angry from running!). I think what benefit I got from “burning calories” was undone by putting the body under stress.
It was the NYC marathon, and I had a holiday in the US afterwards. That was the first holiday I’d had in the US where I lost weight. Eating all the delicious rubbish with abandon (Hey I’ve just run the NYC marathon!), but no running and I lost weight!
During the last year I’ve moved to strength training, swimming, and a bit of running, and that seems to support rather than hinder weight loss. I certainly found no ill affects of running in a fasted state and have ditched all those ghastly sugary energy gel things (though my longest run in 2017 was about 15km)
I’ll be continuing my n=1 experiment this year having just dipped my toe into Keto and also starting training in about April for another marathon in January 2019! Hopefully Keto will help me do that without putting on weight! It’s also a mindset change. I now run for other reasons, losing weight isn’t one of them.