Norway Oil Drillers Suffer Worst Dry Spell in Decades as Reserves Dwindle

There is an interesting post on Bloomberg about the recent dry spell of Norway oil drills. This might be one the reasons for the ongoing rise in Brent oil over other major oil prices such as WTI.

For more on this subject:

• Oil and gas prices fell yesterday – March 3
• Oil prices outlook – 3 March
• Weekly outlook for Crude oil, Natural gas and Gold 28 Feb – 4 Mar