Sunday 18 September 2016

Oil downturn nearly over, Norway says


OIL AND GAS
Oil downturn nearly over, Norway says Oslo, Norway (UPI) Sep 15, 2016 - Though crude oil prices aren't expected to hit the $60 range until 2019, the Norwegian government said its economy has started to move out of a standstill. The Norwegian government's statistics office said weak economic growth in the latter half of 2016 has replaced an economic standstill, with gains in home-building and exports expected to provide a lift through early 2017. "The ... more

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