morgan stanley

Oil Discoveries Sink to Lowest Since 1952: Morgan Stanley

By Ron Bousso LONDON, May 23 – Oil discoveries in 2015 fell to their lowest since 1952 as energy companies slashed exploration budgets in the wake of the oil price fall, creating a gap for meeting future demand, analysts at Morgan Stanley said on Monday. The oil and gas industry discovered 2.8 billion barrels of

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