Tagged: oil prices

“Norway will become poorer,” OECD says

Norway could lose two-thirds of oil wealth Sarah Bostock & Michael Sandelson The Foreigner The Organization for Economic Cooperation and Development lists challenges for the Scandinavian country in its 2016 Economic Survey of Norway....

Lower oil prices gave less surplus

Current account surplus accounted for NOK 83 billion in the third quarter; 28 percent less than the corresponding quarter in 2008. The main reason for this is a decline in oil prices. Since the...