U.S. oil CEO Hamm goes out on a limb, scraps hedges

WILLISTON N.D. (Reuters) - Harold Hamm, the chief executive of North Dakota oil producer Continental Resources Inc , has stunned a bearish crude market by scrapping all of the company's hedges - a bold bet that prices will recover soon after sliding some 25 percent.

from Reuters: Top News http://ift.tt/1onAh3P

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