A ban on Russian oil would have catastrophic consequences for the global oil market, Russia’s Deputy Prime Minister Alexander Novak said on Monday. “The rise…
The price of North Sea oil soared after the market opened on Monday. Half an hour after opening, it had risen by almost 9% to…
The oil price is higher than it has been for over seven years, which is good news for the Norwegian krone. On Tuesday, the price…
The oil price is at its highest level since October 2018. Experts believe that the price during the year can reach 2014 levels. The price…
With low oil prices and declining demand, activity in oil exploration on the Norwegian shelf has fallen by 30%, according to an analysis company. The…
“Oil prices may still fall and the oil service sector is facing a difficult year,” says Jarand Rystad, one of the world’s leading oil analysts….
Norway’s Ethical Sovereign Wealth Fund and Externalities Norway’s decision to prune oil and gas investments from the portfolio has opened up discussions about the nature…
Norwegian Airlines could save billions on oil prices A fall in oil prices could cut Norwegian’s fuel bill by almost three billion wrote Dagens Næringsliv…
Ryanair believes oil prices will break competitors such as SAS and Norwegian Low-cost airlines Ryanair’s results show a 7 % decline in profits, despite more…
Oil prices and the krone exchange rate has risen as a result of increased tension between Iraqi authorities and the Kurds in Northern Iraq, according…
A barrel of North Sea oil was sold for $ 59 on Monday night, which is the highest price in 800 days. After falling…
Norwegian currency weakened by Oil price drop The drop in oil price has weakened the Norwegian Currency, but Oslo Børs was in the green after…
Iran’s oil minister believes oil prices of $ 55 a barrel is possible if both OPEC members and countries outside the organization collaborating on production…
Donald Trump’s struggle to abolish mitigation and scrapping Paris Agreement may eventually lift oil prices, says Professor Klaus Mohn. In an interview with newspaper Stavanger…
The price for North Sea oil rose to $ 49.36 a barrel in Asia on Wednesday. One reason for the rise is the forest fires…
Oil prices may decline by 10 percent in the wake of the news of the lack of an agreement in the oil cartel OPEC on…
The price of oil is in a remarkable upswing and may have passed the bottom level, the International Energy Agency (IEA) thinks. In its monthly…
Unemployment is about to peak and prospects look brighter for the Norwegian economy from next year, according to figures from Statistics Norway. The situation for…
The price of North Sea oil is approaching $ 40 per barrel after several weeks of recovery. Less drilling in the United States and strong…
