Oljefall på Oslo Børs

Oslo Børs saw the main index decline by 0.21 percent upon opening on Thursday, following a price of 104.08 dollars per barrel of North Sea oil, a drop of 1.27 percent since midnight. The price of the most traded oil stocks hovered around 106.7 dollars per barrel during the trading session the previous day. On Wednesday, shipping company 2020 Bulkers announced an intent to acquire AHTS AS and several related companies, with the potential to purchase up to 15 large AHTS vessels, amounting to around 406 million dollars if all shares are bought.

Earlier in the year, 2020 Bulkers sold all its ships and paid out the full market value as dividends, being a stock market favorite until Wednesday. The index fell 5.31 percent within minutes of the opening. For the first time since 2023, the U.S. Federal Reserve raised interest rates, with Federal Reserve Chairman Kevin Warsh and the Federal Open Market Committee raising the U.S. benchmark rate to the range of 3.75-4 percent.

High interest rates have reached new heights in the U.S. over recent weeks, driven by large investments in artificial intelligence (AI) and expectations of higher interest rates from central banks worldwide. On Monday, the yield on 10-year U.S. Treasury bonds reached 5 percent, and on Tuesday, the world's most important interest rate rose further to its highest level since 2007.