UK oil production in April fell by 11% compared to March levels,to reach 1,749,773 b/d,continuing the past year's trend of declining production,according to the latest(July)Royal Bank of Scotland Oil and Gas Index.Gas production was also down by 16% on the year,at 10,290mn cf/d.Tony Wood,Senior Economist with The Royal Bank of Scotland Group,said:The ongoing rate of decline of UK oil and gas production continues to be of concern.
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