Offshore

Surging oil price spurs Norway to make first deposit to its wealth fund since 2016

Norway has made the first deposit to its huge wealth fund in close to three years at a time when increasing oil prices and a recovering economy again benefits oil producing nation.
Photo: Bloomberg
Photo: Bloomberg
by Jonas Cho Walsgard, bloomberg

Norway made the first deposit to its USD 1 trillion wealth fund in almost three years as climbing oil prices and a recovering economy again swell the coffers of western Europe's biggest crude producer.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs