Oil price downturn is unsustainable, Hamm says

OKLAHOMA CITY, Oklahoma – The recent downdraft in oil prices is unsustainable given the lack of fundamental changes in supply and demand, Continental Resources’ Harold Hamm has said. Oil is currently trading in a bear market amid surging U.S. production, and, so far, OPEC’s leading producers have resisted calls to curb production.


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Oil price downturn is unsustainable, Hamm says Oil price downturn is unsustainable, Hamm says Reviewed by Crude Oil Brokers on 12:18 Rating: 5

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