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Wednesday, June 3, 2026

Tag: oil prices

Parliament’s fuel tax cut backfires

After a week of political panic over high fuel prices at the pumps, opposition parties in the Norwegian Parliament joined forces to demand a...

‘Historic’ collapse in North Sea oil price

A barrel of Norway's North Sea crude oil was selling for USD 22.85 Monday morning, the lowest price since the spring of 2003. Nearly...

Oil prices soar along with oil shares

The price of Norway's crude oil was up 10 percent Monday morning, and even higher than that earlier, as markets opening for the week...

Oil price dives as do shares, krone

Shares traded on the Oslo Stock Exchange fell another 2.5 percent on Thursday, while the price of Norway's North Sea crude oil remains in...

‘Krone’ weakens on a lower oil price

It cost more than NOK 8.60 to buy one US dollar on Tuesday, after the Norwegian currency weakened once again. Low oil prices are...

‘Krone’ weakens as oil prices fall

Norway's krone has been losing value again this week, after oil prices sunk back to where they were last spring. It cost just over...

Oslo Stock Exchange tops all the others

The Oslo Stock Exchange (Oslo Børs) has provided better returns for investors this year than any other stock exchange in the world. The small...

Oil industry meets amid new ‘bonanza’

Thousands of oil industry players from all over the world are in Stavanger this week for the latest Offshore Northern Seas (ONS) exposition, and...

Oil industry faces labour shortage

The rapid recovery of Norway's oil industry is suddenly leaving some offshore oil and oil service companies short of workers. State welfare and employment...

Equinor poised for ‘extreme’ profits

Massive cost-cutting in recent years and rising oil prices can lead to "extreme profitability" for Equinor, Norway's state-controlled oil and energy firm that recently...
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