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OSLO (Reuters) - Norwegian oil firms plan to close down 22% of the country's oil and gas output, or 900,000 barrels of oil equivalent per day, if workers go on strike next week, the Norwegian Oil and Gas Association (NOG) said on Friday.
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Gold price may decline to $1,811, without bulls defending the support level of $1,811, $1,778 and $1,741 may be tested. In case the bears lose momentum at the $1,811 support level, the Gold price may reverse and face the resistance levels at $1,901, $1,935, and $1,984 price levels.
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