North Sea oil industry 'close to collapse': Experts' warning that oil price plunge is not all good news for UK economy Oil tycoon and government adviser Sir Ian Wood says 10% of jobs could go Premier Oil boss Robin Allan says at current oil prices it is 'almost impossible to make money' Brent crude has nearly halved in price on world markets since June ByLaura Chesters For The Daily Mail http://www.thisismoney.co.uk/money/news/article-2879094/UK-s-North-Sea-oil-industry-close-collapse-warn-experts-oil-price-drops-wider-economy-benefits.html