Norway's Crude Oil Production Surpasses Forecasts Amid Hormuz Shipping Disruptions

In June 2026, Norway produced more crude oil than expected due to the resumption of offshore fields from seasonal maintenance. The country’s output reached an average of 1.827 million barrels per day (bpd), up sharply compared to last year and contributing positively to European energy security amid ongoing concerns over Middle Eastern exports.

By Jan-Thore Bergsagel Tue, July 21, 2026 at 11:00 PM GMT+3 4 min read · Yahoo Finance ·

Norway's Crude Oil Production Surpasses Forecasts Amid Hormuz Shipping Disruptions

Topics: global oil markets Hormuz Strait Norway oil production

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