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Fundamental Analysis Posted 2 hours ago

Equinor Profit Doubles on Higher Oil and Gas Prices

News
Norwegian energy company Equinor's profit doubled amid soaring oil and gas prices, with management signaling higher future output. The earnings uplift reflects broader energy-price strength feeding inflation concerns across developed economies; traders watch BOC monetary policy statement today at 09:45 to see whether Canada reprices rate expectations in line with RBA's recent oil-shock inflation warning.
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3 Likes 9 Comments
What are your thoughts?

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@dipuo_kefilwe · 1 hour ago

How do I move to Norway?

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@farah_zendaya · 1 hour ago

At least Norway is using their oil wealth to benefit the populace

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@robert_sondreli · 1 hour ago

The sun can meet our energy needs for a billion years, now tell me again why are we using oil?

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@arthur_wildberry · 1 hour ago

Enjoy while it lasts

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@andy_colgate_nottinghill · 1 hour ago

I refuse to celebrate this

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@weilo_daniel · 1 hour ago

Why not, hope you are not on of em tree huggers?

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@andy_colgate_nottinghill · 1 hour ago

These oil companies are polluting the earth, we have technology to go green but they lobby politicians to keep drilling oil

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Y
@yokoyi · 1 hour ago

Windfall

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