Summary
WE ARE thankfully well past the "don't mention the R-word" phase. Now everybody admits that the recession is an elephant fairly and squarely in the room.
It is here and it's affecting many of the sectors that are important to the North East economy, including offshore. When global economic activity slows, so does the demand for energy and this means lower prices and less investment.See the full content of this document
Extract
Oil Price Rise Will Be Good for Some
We have seen a fall in oil prices from a record $150 a barrel to between $60 and $70 a barr...
See the full content of this document
Sponsored links
