Dearth of oil finds threatens long-term supplies, price – Reuters


The Maritime Executive
Dearth of oil finds threatens long-term supplies, price
Reuters
STAVANGER, Norway, Aug 27 (Reuters) – The rate of oil discoveries continues to disappoint after a record low last year and firms could even cut their exploration budgets to save on costs, a risk to long-term supplies and prices, industry executives said.
Dearth of Oil Finds Threatens Supplies, PriceThe Maritime Executive

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