Equinor profit jumps as Middle East war lifts oil, gas prices
28/10/2026 05:46
Equinor profit jumps as Middle East war lifts oil, gas prices OSLO, Oct 28 (Reuters) - Equinor EQNR.OL on Wednesday reported its strongest quarterly profit in almost four years, driven by a surge in North Sea oil and gas prices as the war in the Middle East continued to disrupt global energy supplies.
The Norwegian group's adjusted earnings before tax for the July to September period rose to $12.34 billion from $6.22 billion a year earlier, slightly ahead of the $12.19 billion predicted in a poll of 21 analysts compiled by Equinor.
(Reporting by Nora Buli and Nerijus Adomaitis, editing by Terje Solsvik)
((Nora.Buli@thomsonreuters.com; (+47) 21 04 05 56; Reuters Messaging: nora.buli.thomsonreuters.com@reuters.net))
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