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As a result of yesterday's meeting of US interest rates, with the subsequent rise in US and Asian stock markets, the Oslo Stock Exchange opens on Thursday morning.
After eight minutes of trading, the main index stands at 871.56, up 0.69%. Until now, shares have been traded for 217 million NOK.
oil prices
Brent oil is Thursday morning up 2.70% to $ 63.49 a barrel, while WTI oil is up 2.93% to $ 55.55 a barrel.
In comparison, a barrel of oil from the North Sea was traded for $ 61.67 at the close of the Oslo Stock Exchange Wednesday.
One of the reasons, according to TDN Direkt, is an unexpected stock of US crude oil stocks.
US stocks of crude oil, according to the EIA, fell from 3.1 million barrels to 482.4 million barrels last week, while a stock of 1.1 million barrels was expected in advance.
ANZ analysts estimate, according to TDN Direkt, that trade is also rising, due to stronger demand for gasoline, as stocks of gasoline and distillates have plummeted more than expected by analysts.
Otherwise, the news agency focuses on OPEC, which agreed to meet on 1 July, followed by a meeting of non-OPEC partner countries on 2 July. We will discuss during the days set if the current production contract of 1.2 million barrels per day will be maintained.
According to TDN Direkt, oil analyst Stephen Innes said oil price volatility would continue, but the next Opec meeting should provide "long-awaited price support for a period".
S raise further
Dolphin drilling continues the strong rally this week. Monday, the title jumped 36.28%, Tuesday at 26.11% and Wednesday at 31.31%.
Thursday, the share increases of 14,23% to 2,97 NOK. Last month, the share has increased about 290%.
Dolphin Drilling Girl, Dolphin Drilling AS, Monday signed a contract with Norske Shell for drilling on the Knarr field on the Norwegian plateau. The contract is $ 15 million and includes well drilling as well as two additional well options.
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