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Continental Resources CEO sees oil rising to $60 by year end

2016-01-14 01:39:21| Electronics - Topix.net

Oil executive Harold Hamm expects the price of oil to rise to about $60 by the end of the year as companies in North Dakota, Texas and elsewhere cut production and whittle down the current glut in the market. Oil fell to $30 this week, a 12-year low, down 72 per cent from $107 in June 2014.

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