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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
OIL
Norway’s oil and natural gas production last month fell to the lowest level so far this year, data from NPD showed.
- Norway’s oil production in May stood at 1.772mbpd of oil, down from 1.808mbpd in April.
- Daily oil production in May was above the forecast of 1.75mbpd and output remained above May 2022 levels of 1.635mbpd.
- Total liquids production last month, including oil, NGL and condensate stood at 1.991mbpd, down from 2.035mbpd a month earlier.
- Norway’s natural gas production fell significantly to 274mcm/d in May, down from 339.8mcm/d in April. Gas output was forecast to reach 295.906mcm/d.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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