Norway cuts 2019 oil output forecast to reach 30-year low

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Norway cuts 2019 oil output forecast to reach 30-year low
11 December 2019, News Wires — Norway’s oil output in 2019 will be smaller than previously forecast and will reach its lowest level in three decades, the Norwegian Petroleum Directorate (NPD) said on Thursday. Investment in Western Europe’s largest oil producer and Europe’s second-largest gas producer behind Russia surged after a decline due to the … More »

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