The Norwegian government has sharply cut its crude oil price forecast and the expected cash flow it will receive from the oil and gas industry after global demand plunged, its revised 2020 fiscal budget showed on Tuesday. Norway is Western Europe’s largest oil and gas producer, with the industry...
https://www.hellenicshippingnews.com/norways-oil-income-plunges-with-weak-crude-prices-tax-relief/