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17.04.26 - 11:15
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Norway′s Oil Export Earnings Surge 68% Amid Iran War (ZeroHedge)
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Norway's Oil Export Earnings Surge 68% Amid Iran War
Authored by Alex Komani via OilPrice.com,
Norway's crude oil export earnings surged 67.9% year-on-year in March to a record 57.4 billion kroner ($6.1 billion), primarily driven by soaring global energy prices following the outbreak of the Iran war and the subsequent closure of the Strait of Hormuz.
Oil prices averaged 1,014 kroner ($107.52) per barrel in March, the highest monthly average since September 2023.
As Europe's largest producer of oil and natural gas, the Scandinavian country exported 56.6 million barrels of crude oil in March, good for nearly 2 million barrels per day. Norway's natural gas export revenues also climbed 19% to over 69 billion kroner as Europe sought alternative energy sources amid Middle East instability, helping the country record a trade surplus to the tune of 97.5 billion kroner, its highest level since January 2023.
Norway's windfall oil earnings did not escape the attention of U.S. President Donald Trum...
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16.04.26 - 09:42
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Norwegen: Norges Bank signalisiert Zinserhöhung im Juni (Anleihencheck)
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Linz (www.anleihencheck.de) - Norges Bank hatte bislang signalisiert, den Leitzins im Laufe des Jahres zu senken, so Oberbank in ihrem aktuellen Tageskommentar zu den internationalen Finanzmärkten.
Der Nahost-Krieg habe jedoch zu einem Kurswechsel geführt. Bei der Sitzung Ende März sei der Leitzins zwar unverändert bei 4,0% geblieben, zugleich habe die Notenbank aber mögliche Anhebungen bei kommenden geldpolitischen Treffen angedeutet. [mehr]...
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15.04.26 - 09:24
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Norway Trade Surplus Grows In March (AFX)
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OSLO (dpa-AFX) - Norway's foreign trade surplus increased sharply in March from a year ago as exports grew much faster than imports, data from Statistics Norway showed on Wednesday.The trade surpl......
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09.04.26 - 11:00
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Norway Producer Prices Rise Most In 13 Months (AFX)
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OSLO (dpa-AFX) - Norway's producer prices increased for the first time in ten months in March, data from Statistics Norway showed on Thursday.The producer price index climbed 16.9 percent year-on-......
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