Thursday, May 7, 2026
Norway to boost spending from Its $2 trillion oil fund in 2026 budget-oil and gas 360

Norway to boost spending from Its $2 trillion oil fund in 2026 budget

(Oil Price) – The Norwegian government on Wednesday proposed to raise the spending from the country’s oil fund, the world’s largest sovereign wealth fund, in next year’s budget, according to the draft budget of the Labor party, which won a second term in office at the general elections last month. The Labor government of Jonas Gahr Støre will need support from its junior

Norway’s $1.8-trillion oil fund bets on long-short equity strategy- oil and gas 360

Norway’s $1.8-trillion oil fund bets on long-short equity strategy

(Oil Price) – The world’s biggest sovereign wealth fund, Norway’s $1.8 trillion oil fund, has made its first investment in an external hedge fund with long-short strategies, amid changing and volatile markets, a top executive of the fund’s manager told the Financial Times. The fund, which is commonly referred to as ‘Norway’s oil fund’ because it was created with oil and gas