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The Oslo Stock Exchange will open Tuesday.
After 20 minutes of trading, the main index is 852.44, down 0.05%. So far, shares have traded for 297 million.
oil prices
Brent is down 0.66% to 60.16 dollars, while WTI oil fell 0.97% to 51.13 dollars per barrel.
In comparison, a barrel of oil from the North Sea was traded Monday at the Oslo Stock Exchange for the $ 60.88 mark.
Prices rose sharply on Monday, while an industry source, according to TDN Direkt, told Reuters that Saudi Arabia had increased its highest level of oil production in November, with production of 11.1 to 11.3 million barrels per day.
Earlier this month, the country's production was 10.8-10.9 million barrels a day.
The increase in production comes before the Opec / non Opop meeting in Vienna on December 6, where all cuts will be discussed. According to the news agency, Saudi Arabia has announced a reduction in production of 500,000 barrels per day from November.
According to TDN Direkt, it is also interesting to note that since the price of oil began to fall in early October, hedge funds have more than tripled the bet that oil prices will fall, which led to the biggest position in the world. short term on the raw material for more than a year.
Otherwise, IEA chief Fatih Birol said last week that the world needed increased production of slate oil in the 2020s to meet the expected growth of the global demand.
Equinor increases by 0.03% to 199.25 kronor while Aker BP increases by 1.12% to 234.80 NOK.
Fredriksen shares
Demand for the third quarter season continues and on Tuesday, two Fredriksen companies presented their numbers.
The editing company Seadrill recorded a loss of $ 245 million in the third quarter, bringing the stock down by 2.21% to NOK 123.70.
Flex LNG performed much better, which turned out to be more than $ 1.18 million. Revenues almost doubled from $ 9.8 million to $ 19.0 million.
The share of Flex increases of 6.98% to 13.80 crowns.
In addition, the Fredriksen Frontline and Golden Ocean companies skyrocketed at high volume on Tuesday. The first is up 8.85% to 59.65 crowns, while the ocean of gold is up 2.05% to 62.25 crowns.
Ignore the offer
DNO reported to the company Monday morning submit an offer for all Faroe Petroleum shares. The Board of Directors of Faroe Petroleum recommends to its shareholders not to accept the offer.
"We believe that Faroe is worth more than 152 pence per share and we encourage shareholders to reject opportunistic, unwanted and inappropriate DNO offers," said chairman John Bentley in a comment.
The share of DNO decreases by 0.30% to 13.38 crowns.
Want their share
Evry organizes the Tuesday capital market. In this regard, they indicate that they are now aiming for annual revenue growth of more than 3% by 2022. At the same time, the company is posting an EBITDA margin of 13.5 per cent. 14.5% over the same period.
"We are really working in the current sector and have launched the company, referring to the World Economic Forum, estimates that digitization offers a global value creation potential of 100 billion dollars by 2025.
Hegnar.no transfers the capital market live from 09:00. See the show here.
The share of Evry is down 0.17% to 30.00 kroner on Oslo Børs.
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