Continental to spend more in 2017 amid oil price rise

26 January 2017, Bengaluru — Oil producer Continental Resources Inc set a capital budget of $1.95 billion for the year, compared with the $1.1 billion it had earmarked for 2016, joining a list of producers raising spending amid a recovery in oil prices. The company said it expects full-year production to average about 220,000-230,000 barrels […] More »