Business conditions at new low in Norway’s oil region -survey

Business conditions at new low in Norway’s oil region -survey

May 11, 2016
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By hellenicshippingnews Companies based in Norway’s west coast oil producing region saw fresh declines in demand, profitability and other current business conditions in the second quarter and many are reluctant to make major investments in 2016, a survey showed on Tuesday. The price of North Sea crude, Norway’s main export, has fallen by 60 percent since mid-2014, … Read full story ›

Source:: Hellenic shipping news Oil