The curious case of Norway's 60 million barrels of missing oil

Norway has built a reputation as one of the calmest and most predictable corners of the global oil industry, but lately it has been full of surprises.

BY BLOOMBERG NEWS, MICHAEL HOLTER

During the worst downturn in a generation, from 2014 to 2016, companies would regularly exceed official forecasts as oil production rose in defiance of falling prices. More recently, with crude surging back to multi-year highs, they have run into trouble.

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