Norway oil negotiators extend talks to prevent strike

Norway oil negotiators extended talks past a midnight deadline to avert a strike by 600 workers. This could cut output by 45,500 barrels of oil equivalent.

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Norway oil and gas negotiators extended wage talks past a midnight deadline into early morning Friday to avert a strike. The potential walkout threatens to reduce production by 45,500 barrels of oil equivalent per day. Negotiators continued discussions past the original deadline to resolve annual pay disputes.

Production Risks and Labor Demands

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