Oil price sends offshore shares down in Oslo

If anything has boosted the rates at the Oslo Stock Exchange, it is the black gold from the North Sea. If anything can make the Norwegian stock market plummet, it is declining oil prices. Statoil has dropped 16 percent in one week.
Photo: PR
Photo: PR
BY TOMAS KRISTIANSEN

The small gray mansion in the center of Oslo that houses the Norwegian stock exchange does not look like much compared to the size of the values and companies traded here. And not surprisingly, offshore bonds such as Statoil and supply company Kvaerner have made the little stock exchange interesting to Norwegian as well as international investors.

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

    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