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Friday, June 5, 2026

Tag: oil

Oil prices rise on production cuts

A barrel of Norway's North Sea crude oil was trading around 4 percent higher Thursday morning, at nearly USD 24 a barrel, after signs...

‘Solid compromise’ over the ice edge

Environmental organizations were quick to protest, as has the Norwegian government's former partner, but Prime Minister Erna Solberg hopes she's now settled just how...

Ex-Oil Fund boss ‘screwed up’

Yngve Slyngstad has played a key role in the growth of Norway's huge sovereign wealth fund known as the Oil Fund. After 12 years...

Oil price crashes, revives, ‘krone’ dives

UPDATED: The price of a barrel of Norway's North Sea crude oil crashed to its lowest level since 1999 this week, falling even further...

High court to hear Arctic oil complaint

Norway's Supreme Court (Høyesterett) has agreed to evaluate whether the state has violated Norway's constitution by choosing to issue oil exploration licenses in the...

Norway slow to cut its oil production

Norwegian officials including new Oil & Energy Minister Tina Bru were still "evaluating" on Tuesday whether they'll cut the country's offshore oil production, even...

Market slides amid oil price drama

The last day of trading prior to Norway's five-day Easter holidays ended with the Oslo Stock Exchange's main index falling 1.34 percent, to 734.38....

Oslo stocks and oil price dive again

The Oslo Stock Exchange (OSE) ended a rollercoaster week back down in the dumps on Friday, with its main index down 3.64 percent and...

Equinor cuts costs as oil price dives

Norway's state oil company Equinor announced NOK 33 billion worth of budget cuts on Wednesday, just before oil prices fell again. CEO Eldar Sætre...

Spirits rose, then fell along with market

UPDATED: Gloom and doom headlines about Monday's spectacular stock market dive in Oslo turned more optimistic on Tuesday, as Norway's all-important oil price rose...
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