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Oil market

World news about “Oil market” published by euronews.

18/12 13:43 CET

North Sea oil ‘collapse’ warning from explorers’ association

North Sea oil ‘collapse’ warning from explorers’ association

The steep fall in oil prices is having a huge negative effect on the industry in Britain according to the head of the independent explorers' association Brindex who said it is "close to collapse". Interviewed by the BBC, Robin Allan warned there will be no new investments in…