Tuesday, a barrel of North Sea oil was traded for more than USD 80 for the first time since October 2018, pushing up the market value of Norwegian oil major Equinor to NOK 700 billion (USD 78 billion), writes Norwegian media Dagens Næringsliv.
Since Tuesday, the oil price has dropped slightly, landing at around USD 77 on Wednesday for a barrel of North Sea oil and just under USD 74 for a barrel of US oil.
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