It is heading for a slight increase of 0.11 percent from the start on the Oslo Stock Exchange, according to data from IG Trading. Nordnet analyst Roger Berntsen believes the main index opens flat today, or within the interval [-0,2, 0,2] percent.
Oil
Oil prices are relatively flat Wednesday morning and burnt oil is down 0.01 percent to $ 79.08 a barrel. WTI oil is down 0.07 percent to $ 75.93 a barrel.
In comparison, a barrel of North Sea oil cost 79.25 dollars at closing time on the Oslo Stock Exchange on Tuesday.
Crude oil inventories in the United States fell by 3.1 million barrels last week, according to a study by the American Petroleum Institute (API), which is the United States’ largest industry organization for the petroleum industry, reports TDN Direkt.
The fall was in line with the expectations of nine analysts with whom Reuters has been in contact.
The API figures further show that petrol stocks fell by 0.3 million barrels, while distillate stocks fell by 0.7 million barrels last week.
Asia
The Nikkei in Japan is down 0.71 percent, while the broader Topix index is down 0.40 percent.
Shanghai Composite in China is down 0.75 percent, while Hang Seng in Hong Kong is down 1.0 percent. Kospi in South Korea weakens 0.84 percent.
In India, Sensex is down 0.04 percent, the S & P / ASX 200 index in Australia is up 1.21 percent, and the Straits Times in Singapore is climbing 0.32 percent.
Wall Street
On the macro front, figures are ticking in for the trade balance for goods, as well as wholesale inventories and ongoing home sales for November.
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