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BP sees 'massive' shock for North Sea as oil glut deepens - Telegraph.co.uk
Telegraph.co.uk | BP sees 'massive' shock for North Sea as oil glut deepens Telegraph.co.uk He compared the current dynamics in the global oil market to the glut in 1986, which took several years to clear. While big projects in the North Sea are still viable at today's prices near $60, the area risks relentless decline. Meanwhile, Mr Dudley ... How Iran is being used in US oil export arguments Shell, Exxon set the scene for future oil-price shock after $US114 billion cuts Oil leaders vow resilience, creativity to weather slump |
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