Continental Resources says CEO and founder Harold Hamm has canceled a scheduled appearance
at this week's OPEC meeting in Vienna, leaving only two U.S. shale
executives set to speak at the event out of an original five
Hamm's
withdrawal comes days after trade tensions between the U.S. and China
intensified, with China imposing $50B in retaliatory tariffs on U.S.
crude oil and other goods; CLR has been a key supplier of crude oil to
China, shipping more than 1M barrels to the country since a U.S. crude
export ban was lifted in 2015
Centennial Resource Development CEO Mark Papa and ConocoPhillips CEO Ryan Lance earlier withdrew from the OPEC event; Pioneer Natural Resources Executive Chairman Scott Sheffield and Hess CEO John Hess are still scheduled to attend
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