IEA Sees Much Tighter Oil Market As New Discoveries Crash – OilPrice.com


UPI.com
IEA Sees Much Tighter Oil Market As New Discoveries Crash
OilPrice.com
The volume of new oil discoveries hit a record low in 2016, the result of severe cuts to exploration budgets amid plummeting oil prices. The number of new conventional drilling projects also dropped to the lowest level in 70 years, according to the
Oil prices sink on U.S. shale oil growthUPI.com

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