north sea

Latest news and articles about north sea from NEX English

Oil Prices Rise in North Sea Despite Iran-US Ceasefire Agreement

Oil prices in the North Sea have seen a significant increase, reflecting ongoing supply tightness in the market. This rise comes despite a notable drop in futures prices following the ceasefire agreement between the United States and Iran.

Researchers confirm Silverpit Crater formed from asteroid impact

After over two decades of scientific debate, researchers from Imperial College London have provided conclusive evidence that the Silverpit Crater, buried beneath the North Sea, was formed by an asteroid impact on Earth.