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Saturday, June 6, 2026

Tag: economy

Objections rise to Sunday shopping

The Norwegian government's proposal to allow all retailers to open for business on Sunday has met massive opposition. "No one wants this," claims Trine...

Oil jobs disappear but business upbeat

More than 9,000 jobs in Norway's oil sector have disappeared as a result of cuts made by employers adjusting to much lower oil prices,...

Oil price dips to new six-year low

The price of a barrel of North Sea crude oil sunk below USD 50 on Wednesday morning for the first time since the finance...

Krone dives again, but may resurface

The value of the Norwegian currency, the krone, was down again on Tuesday, with one US dollar costing NOK 7.73 by midday. Consumers have been...

Oslo stocks defied the oil price dive

Trading on the Oslo Stock Exchange ended the year slightly down this week, but the exchange's main index rose 5 percent for the year despite...

Experts look up to lower oil prices

Norwegian analysts, business executives, economists and politicians are suddenly seeing an upside to the recent fall in oil prices. As the country heads into...

Norway can win on its weaker krone

Norway's oil sector may be slumping along with oil prices, but lots of other Norwegian companies are benefiting from the recent plunge in the...

‘Still no crisis’ as krone falls again

Norway's krone plunged on Tuesday, a day that currency brokers were referring to as "historic" for Norwegian exchange rates. The dive was blamed on another fall in oil...

Oil sector cutbacks hit hotels

Hotel room revenues fell by 22.4 percent in Stavanger last month. Norway's oil capital has been experiencing an increase in hotel capacity just as...

Jensen ready to readjust economy

Finance Minister Siv Jensen, reacting to Thursday's surprise cut in interest rates, claimed Friday that no one should be surprised that the Norwegian economy...
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