Oil hedges still not part of Continental Resources' strategy

UTC
US NEWS FEEDS > OKLAHOMA >

By Jack Money Business Writer jmoney@oklahoman.comContinental Resources Inc.'s CEO told analysts Tuesday the company has no plans to hedge its oil production, for now. Harold Hamm said he expects the global supply will continue to tighten, especially once new sanctions against Iran are implemented. Hamm said he expects the markets are about to enter another oil super cycle, given that global demand for crude continues to grow, while those sanctions are expected to take a significant amount of Iranian oil off the market. "On the supply side, hopefully we can keep up with that.Read more on NewsOK.com
...
News Feed:
NewsOK.com RSS - enterprise >> !The Oklahoman

READ MORE >
Oil hedges still not part of Continental Resources' strategy

Sponsored Content