The Oslo Stock Exchange opened in negative territory on Thursday, with the main index down 0.07% shortly after the opening bell.
The decline marks the third consecutive session of subdued trading for the Norwegian benchmark, following marginal declines on Tuesday and Wednesday.
After falling from around $85 to $80 a barrel on Tuesday, oil prices have stabilized over the past two days.
While the broader market faced headwinds, Nordic Semiconductor emerged as a bright spot, rising after reporting a doubling of its results.
The tech chipmaker’s performance provided a counterweight to the general lack of buying interest across other sectors.
Energy markets offered little directional catalyst for the open.
After falling from around $85 to $80 a barrel on Tuesday, oil prices have stabilized over the past two days.