Oslo — Norway’s crude oil output in February missed the official forecast, while gas output exceeded expectations, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday.
Crude oil output rose to 1.76 million barrels per day (bpd) in January from 1.74 million bpd in January, lagging a forecast of 1.83 million bpd, the NPD said.
Natural gas production in February fell to 9.7 billion cubic metres (bcm) from 10.6 bcm a month ago, but exceeded an official forecast of 8.9 bcm, it added. –
- Reuters (Reporting by Nerijus Adomaitis, editing by Terje Solsvik)
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