UK industry group slashes oil estimate as price drop hits investment

LONDON (Reuters) - Industry group UK Oil and Gas has slashed its estimate of Britain's existing oil and gas reserves by a third, saying weak oil prices have made it less likely that some resources will ever be retrieved.

from Reuters: Top News http://uk.reuters.com/article/uk-britain-oil-resources-idUKKCN11W2M8?feedType=RSS&feedName=topNews