Oil gains on US developments
The oil price has reversed morning losses and now enjoys limited gains.
The oil price has reversed morning losses and now enjoys limited gains.
Oil prices have declined for a second day on storage concerns.
OGUK has warned that up to 30 000 jobs could be lost in the sector as it called for the transition to net zero to be put at the heart of recovery plans.
The Oil and Gas Authority’s (OGA) new Wells Strategy report highlights how well intervention activity is set to increase.