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Norway's Oil Output Beats Forecasts Again Despite Pullback from April Highs

Norwegian petroleum production eased in May after April's exceptionally strong performance, but the country's offshore sector continued t…

Source OilPrice AI Summary Updated 1h 26m ago

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Norwegian petroleum production eased in May after April's exceptionally strong performance, but the country's offshore sector continued to outperform expectations. Crude oil production came in 7.2% above official forecasts even as both oil and gas output declined from the previous month, reinforcing Norway's position as one of Europe's most reliable energy…

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