Labour claims oil must climb back to $200 a barrel in order to balance the books under SNP plans for full fiscal autonomy.
The need to slash costs is the number one challenge for the oil industry, according to a major research project by Energy Voice, but leaders also believe crude prices will bounce back above $100.
In an exclusive, industry-wide Energy Voice research project, dubbed Energy 2050 – securing our future, nearly half of the respondents said they were confident in the return of $100 oil.
Read the full story on The Press and Journal’s sister website, Energy Voice.
Energy exclusive: Industry confident in return of $100 oil