Oljeaksjer faller på flat Oslo Børs

Norwegian stock index fell slightly in trading on Thursday, dropping 0.09 percent. In the oil market, North Sea oil traded at $103.5 per barrel, down from $104.3 per barrel at the close of the trading day on Thursday. Oil prices fell after US President Donald Trump tweeted on his social media platform, Truth Social, that the US would not attack Iran before the November midterm elections.

Several Oslo Børs companies issued updates ahead of quarterly results. Höegh Autoliners reported an increase in rate and continued cost pressure, achieving a net freight rate of $82 per cubic meter in September, compared to $99 per cubic meter in the previous month, according to a company announcement. Oil and gas company BlueNord produced around 43,900 oil equivalent barrels per day in September, down from around 44,300 barrels per day in August, according to preliminary figures in a company announcement.

Game developer 5th Planet Games lowered its expected net profit for 2026 to between 14-17 million Danish kroner, down from 28-32 million, in a company announcement. This is due to an extended production delay, the company said in a company announcement. Trading of shares in the crisis-hit technology company Next Biometrics was halted after it warned of bankruptcy.

The company has no cash on hand to carry out a planned strategy and will file for bankruptcy next week. The company cites an updated strategy, including cost cuts and talks to sell off the remaining business for fingerprint technology, but none of these sales processes have come to fruition, the company wrote. The board of Next now points to ongoing discussions with some of its largest shareholders about additional financing to provide financial breathing room until the end of the year, but they have been unwilling to provide capital.