Oil

North Sea Oil Output Down 0.7 Percent YoY In November

The North Sea oil output for the month of November was down -0.7%YoY and was also 4.1% below forecasted levels. The total output for the month of November stood at 18.52 million cubic meters (scm) or 116.5 million barrels of oil equivalent (boe) versus 18.65 million scm in the same period last year.

The shrinkage was primarily driven by the decline in the output . . .

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