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Norway’s $1.9 Trillion Wealth Fund Trims Big Oil Stocks

BloombergTuesday, August 12, 2025 at 8:30:03 AM
NegativeFinancial Marketsoil
Norway’s $1.9 Trillion Wealth Fund Trims Big Oil Stocks
Norway's massive wealth fund has reduced its investments in major oil companies like Exxon Mobil and Chevron during the first half of the year.
Editor’s Note: This move could signal a shift in investment strategy, reflecting growing concerns about climate change and the sustainability of fossil fuels.
— Curated by the World Pulse Now AI Editorial System
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