The Oslo Stock Exchange opened in positive territory on Tuesday, with the main index up 0.37% shortly after the start of trading.
The gain was driven by a rebound in energy sector shares, supported by rising crude oil prices.
46% since midnight. The move in oil helped offset broader market caution, providing a tailwind for the energy-heavy Norwegian benchmark.
Brent crude spot prices climbed to $84.65 a barrel, marking a gain of approximately 1.46% since midnight.
The move in oil helped offset broader market caution, providing a tailwind for the energy-heavy Norwegian benchmark.
The rally in oil comes as traders assess global supply dynamics and demand signals.
While the immediate move is modest, sustained strength in crude prices could provide further support for the sector, which remains a key driver of the Oslo Børs.