CLEAN : Scotland asks for Londons help over sliding oil price

The video discusses the challenges faced by the oil industry, emphasizing the need for tax reforms to boost investment and exploration. It highlights the industry's resilience, referencing past oil price drops, and underscores the significant role of international projects in the sector's revenue. The proposed tax measures aim to restore confidence and address high taxation levels introduced in 2011.

What is the significance of Aberdeen in the context of the oil industry?

What was the oil price in 1986 and 1999, and how did the industry respond?