Oil Prices Stabilize as Oslo Børs Falls: Main Index Returns 0.6 Percent

Oslo Børs falls from the start on Thursday. In the open, the Main Index returns 0.6 percent to 1,340.20.

The price of oil

Oil prices are stabilizing after Wednesday’s sharp drop. The price is now back to the level before the attack on Iranian officials on April 1st.

The June contract for North Sea crude oil is up 0.1 percent to 87.37 dollars a barrel. barrel, while US WTI oil rose 0.1 percent to 82.73 dollars per barrel.

In contrast, a barrel of Brent was trading for $89 per barrel at the close of trading on Wednesday.

The decline is due to demand concerns as well as signs that a major conflict in the Middle East can be avoided, writes TDN Direkt, citing Reuters.

Equinor fell 1.8 percent to NOK 296.10, while Anchor BP down 1 percent to NOK 284.10. Our Energy fell 0.5 percent to NOK 37.35.

For the smaller oil company All right the arrow points in the opposite direction after one update from the company. The company increased operating income and produced more oil and gas in the first quarter. The share rose 1.4 percent to NOK 28.02.

Movements

The salmon company Sayingwhere John Fredriksen is the largest owner, giving a taste of the first season on Thursday.

It shows an operating result of 201 million euros in the quarter. In advance, 230 million euros were expected, according to data from TDN Direkt.

– The share has been weak recently, but we are still urging it to open lower today; about 2.0-2.5 percent, says analyst Christian Olsen Nordby in Arctic Securities.

He got it right. The highest value of NOK share was 182.65.

The company Aker Akastor which includes Arne Fredly, Erling Haaland and Magnus Halvorsen on the list of shareholders, on Thursday with a Download the presentation about arbitration.

The subsidiary, MHWirth, reports that it was awarded a sum of 101.4 million dollars. As a result, Akastor expects an accounting gain of around USD 55 million in the first quarter, excluding interest, which will be calculated later. The share rises by more than 15 percent.

The business company Helen lost NOK 414 million in the first quarter: – The forecast for 2024 is continuous message, says the leader. The share fell 4.2 percent to NOK 19.96.

ABG Sundal Collier operating income revealed Thursday morning NOK 403 million and profit before tax of NOK 75 million. The change amounted to 3.2 percent to NOK.