Oslo Stock Exchange opens higher as North Sea oil prices rise

The Oslo Stock Exchange opened with a modest gain, with the main index up 0.3% from the start of trading.

The positive tone at the open was supported by rising energy prices, as a barrel of North Sea oil traded at approximately $72 before the market opened.

This represents a roughly 2% increase in oil prices since Thursday's close.

This represents a roughly 2% increase in oil prices since Thursday's close.

The lift in crude prices provided a tailwind for the energy-heavy Norwegian market, helping to offset any lingering caution from the previous session.

With oil prices firming, investor sentiment appears to have stabilized, allowing the benchmark index to trade in positive territory early in the day.

This opening follows a week where Nordic markets showed resilience.