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Equinor Q1 profit rises more than expected

Wed, 06th May 2026 05:46

OSLO, May ​6 (Reuters) - ⁠Equinor on ​Wednesday reported a bigger-than-expected ​rise ‌in first-quarter ⁠profits, lifted by higher ⁠output and ​as oil and gas prices ​soared ‌in March due to the war in ​the Middle East.

The ‌Norwegian energy group's adjusted earnings ‌before tax for January-March rose to $9.77 billion ​from $8.65 billion a year ‌earlier, beating the $9.0 billion predicted in ⁠a ⁠poll ‌of 23 analysts compiled by ​Equinor. (Reporting ​by ‌Nerijus Adomaitis and Nora Buli, editing by Terje Solsvik)

Corporate News Commodities Financial Diary Oil & Gas Alternative & Renewable Energy Utilities Equinor

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