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Oil crash has halted only 0.1 per cent of global production - Sydney Morning Herald
Sydney Morning Herald | Oil crash has halted only 0.1 per cent of global production Sydney Morning Herald Only 0.1 per cent of the world's oil production has been halted due to the collapse in crude prices, according to global consultancy Wood Mackenzie, suggesting the recovery will be slower than originally might have been expected. At prices of $US35 ... Producers keep pumping, even with oil falling North Sea could lose 150 platforms within 10 years Oil output barely dented despite crude's plunge |
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