18 Hrs
Source:
المشهد العربي
Labor strike may cut Norway oil output
The forecasts indicate that Norway's oil and gas production could decrease by 45,500 barrels of oil equivalent per day starting at the end of the week if workers cease their work in a nationwide strike, which may impact global markets already under pressure due to declining production in the Middle East. Norway produces over 4 million barrels daily, half of which is oil and the other half natural gas. This situation is part of labor disputes aimed at improving conditions and increasing wages in the energy sector.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)