Norway's $2.3 Trillion Oil Fund Loses $30 Billion in Third Quarter
The world’s biggest sovereign wealth fund, Norway’s $2.3-trillion Government Pension Fund Global, booked a loss of $30 billion for the third quarter as higher interest rates and market turbulence hit both its fixed-term and equity investments. Norway’s Government Pension Fund Global (GPFG), which is commonly referred to as 'Norway's oil fund' because it was created with oil and gas revenues, is a shareholder in many large companies in the world, with more than half of the value of its equity investments in the U.S. market. The…
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2026-10-22 16:30:00 UTC
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"content": "Norway's $2.3 Trillion Oil Fund Loses $30 Billion in Third Quarter\n\nThe world’s biggest sovereign wealth fund, Norway’s $2.3-trillion Government Pension Fund Global, booked a loss of $30 billion for the third quarter as higher interest rates and market turbulence hit both its fixed-term and equity investments. Norway’s Government Pension Fund Global (GPFG), which is commonly referred to as 'Norway's oil fund' because it was created with oil and gas revenues, is a shareholder in many large companies in the world, with more than half of the value of its equity investments in the U.S. market. The…\n\nhttps://oilprice.com/Latest-Energy-News/World-News/Norways-23-Trillion-Oil-Fund-Loses-30-Billion-in-Third-Quarter.html",
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