Norway economy can cope with $50 oil
Norway's economy will cope comfortably if fast-dropping oil prices stabilise around $50 per barrel because Norwegians invest most of their petroleum revenues overseas instead of pumping cash into their economy. But if oil falls below $40 per barrel it could do real damage, analysts say, by slashing the offshore oil and gas investment that has driven growth in Norway, the world's third largest oil exporter. Surging oil…

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Jarle Petterson <jp