The Oslo Stock Exchange opened lower on Thursday, with the main index down 0.3% shortly after the opening bell.
The decline marks the second consecutive session of negative territory for the benchmark, extending a period of subdued trading that has characterized the market in recent days.
05% gain, driven by strength in Aker shares following reports of a billion-dollar sale, but that momentum has since faded.
Oil prices provided little support for the energy-heavy index, trading around $70.8 per barrel before the market opened.
The softness in crude prices contributed to the cautious sentiment among investors, who have been navigating a lack of clear directional catalysts.
The latest drop follows a marginal 0.22% decline on Wednesday and a slight 0.09% fall on Tuesday.
The market had briefly found footing earlier in the week with a marginal 0.05% gain, driven by strength in Aker shares following reports of a billion-dollar sale, but that momentum has since faded.