Norway Oil Output Drops in November

摘要

Norway's liquids production averaged 1.813 million b/d in November, down by 102,000 b/d, or about 9%, from October and down 16% year on year, according to preliminary data from the Norwegian Petroleum Directorate (NPD). Crude output averaged 1.466 million b/d last month, down from 1.527 million b/d from October and down by almost 17%, or 297,000 b/d, year on year. The NPD said November oil output is around 9% lower than its forecast, and 1.7% below the projection so far this year.