Oil held above $118 on Wednesday but stayed on the boil due to a weakening dollar, supply disruptions in Nigeria and fears that a refinery strike in Scotland could hit production in the North… Oil and gas workers saw their salaries fall 1.4 percent over the past year after a sharp decline in oil prices forced their employers to trim costs, but their average global salaries remain high at more than $80,000 a year. Oil and gas companies are facing a steep decline in revenues because oil prices have declined nearly 75 percent since the middle of 2014, leading to billions of dollars of budget costs. As a consequence, those employed in the sector, used to rising bonuses and commission pay, saw average salaries decline to around $81,000 a year, according to […]