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Energy and manufacturing: Oil and gas
All content for subtopic oil and gas
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Continued rise in PPI
The producer price index (PPI) rose 1.5 per cent from August to September. The increase was mainly caused by rising prices on crude oil, natural gas and refined petroleum products.
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Further increase in manufacturing turnover
Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing increased by 3.2 per cent from June 2018 to August 2018. A 0.9 per cent increase was recorded from July to August.
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No change in sales in August 2018
Total sales of petroleum products in August amounted to 747 million liters, the same volume as in August 2017.
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Higher energy prices
The previous fall in the producer price index for oil and gas, manufacturing, mining and electricity (PPI) was six months ago. Despite a lower price of crude oil in the global market, prices on Norwegian energy goods increased which caused the tot...
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Increase in manufacturing turnover
Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing increased by 4.7 per cent from June 2018 to July 2018. However, a 1.2 per cent decline was recorded from June 2018 to July 2018.
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Increase in total sales July 2018
Total sales of petroleum products in July amounted to 750 million liters, a 40 million litres increase compared to July in 2017.
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PPI continues to rise
The Producer Price Index (PPI) increased by 1.1 per cent from June to July. This was the fifth month in a row with an increase. Except from February this year the PPI has risen continuously since July 2017.
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Considerable increase in manufacturing turnover in the second quarter
Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing increased by 4.6 per cent from the first to the second quarter of 2018. A 1.5 per cent increase was recorded from May 2018 to June 2018.
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Increas in total sales
Total sales of petroleum products in June amounted to 812 million liters, a 48 million litres increase compared to June in 2017.
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Higher electricity prices
The Producer Price Index (PPI) increased by 2.2 per cent from May to June. The relatively sharp increase in electricity prices was the main reason for the increase in the PPI.
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Increase in manufacturing turnover
Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing increased by 1.7 per cent in the period March to May 2018 compared with the previous three-month period. A 2.6 per cent increase was recorded from April 2018 to ...
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Close ties with Sweden
About 330 000 persons are working for subsidiaries of foreign companies. The vast majority of these companies belong to groups located in the EU or in the USA, and Sweden is the most important partner country.
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Decreas in total sales
Total sales of petroleum products in May amounted to 723 million liters, a 7 million litres decrease compared to May in 2017.
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Higher prices on oil and petroleum products
The Producer Price Index (PPI) increased by 1.2 per cent from April to May. This was the third month in a row with an increase. Except for February this year the PPI has risen continuously since July last year.
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Decline in manufacturing turnover
Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing decreased by 0.6 per cent in the period February to April 2018 compared with the previous three-month period. However, a 1.9 per cent increase was recorded from ...
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