Mercuria and Hamm's Continental Deepen Argentine Oil Push

Mercuria is increasing its investment in Argentina's oil sector by partnering with Continental Resources, led by US shale pioneer Harold Hamm. The partnership will see a $4 billion investment, according to recent reports.

The deal highlights Mercuria's growing presence in the region, which has seen significant investments from international players in recent years. Argentina's crude oil production held close to record levels in May, with refined products output also reaching new highs.