精品成人免费自拍视频|一本大道看香蕉大在线|五月丁香乱码日韩精品区|久久国产精品成人片免费|日韩中文字幕亚洲精品欧美|视频福利国产午夜一区二区|国产毛片一区二区三区精品|国产欧美精品一区二区三区网址

<rt id="vbn1q"><label id="vbn1q"></label></rt>

  • <rt id="vbn1q"><dfn id="vbn1q"></dfn></rt>

      1. 
        

        <form id="vbn1q"></form>
        The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
        logo

        The 26thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

        ufi

        BEIJING, China

        March 26-28,2026

        LOCATION :Home> News> Industry News

        Continental Resources declares force majeure on some oil deliveries

        Pubdate:2020-04-26 13:52 Source:liyanping Click:

        WASHINGTON (Bloomberg) --Shale explorer Continental Resources Inc. told at least one refiner it couldn’t make an oil delivery after the global pandemic sent prices plunging, a move refiners called the “height of hypocrisy” following billionaire founder Harold Hamm’s calls to limit foreign imports.

        Oklahoma City-based Continental on Tuesday declared force majeure on at least one of its contracts to deliver oil to a fuel producer, according to a document seen by Bloomberg, a day after crude futures settled at negative $38 a barrel for the first time in history. In the document, Continental said it couldn’t have foreseen the dramatic rout caused by the coronavirus outbreak, and that selling oil at negative prices constitutes waste.

        A Continental spokeswoman said the company continues to honor its commitments and is working closely with its purchasers. “Certainly this pandemic has brought about conditions under which force majeure applies,” the company said in an emailed statement. Force majeure clauses are typically invoked after hurricanes and other so-called “acts of God” that prevent companies from fulfilling contracts.

        Hamm has been an active voice in Washington since crude prices suffered the most dramatic collapse in decades. He’s said Saudi Arabia and Russia are guilty of “illegal” dumping and has called on the U.S. to impose tariffs on their crude.

        Refiners whose facilities are designed to run on heavier, foreign grades of crude have lobbied against any move to block Saudi imports.

        “It is the height of hypocrisy for a company to choose not to honor its contracts to supply domestic crude to refineries while also demanding the administration impose restrictions on foreign crude,” the American Fuel and Petrochemical Manufacturers, a trade group representing refiners, said in an email.

        Most recently, Continental filed a complaint with the Chicago Mercantile Exchange over Monday’s price collapse and is seeking an investigation from the Commodity Futures Trading Commission.

        The rapid plunge -- with the May contract for West Texas Intermediate falling some $40 in the last 22 minutes of trading -- “strongly raises the suspicion of market manipulation or a flawed new computer model,” the company said Tuesday. CME Group Inc. called Continental’s allegations “factually inaccurate.”

        日土县| 清苑县| 沂源县| 绥滨县| 柳江县| 平远县| 庆云县| 遂溪县| 岐山县| 西昌市| 醴陵市| 札达县| 克拉玛依市| 墨脱县| 定边县| 宜兰市| 闽清县| 新疆| 五原县| 盘锦市| 栾城县| 闽侯县| 交城县| 阿图什市| 无为县| 诏安县| 宁化县| 永寿县| 乌恰县| 屏东市| 湖南省| 本溪市| 富平县| 上虞市| 惠水县| 靖江市| 紫阳县| 阿克苏市| 萨迦县| 五寨县| 定西市|