Though crude oil prices aren’t expected to hit the $60 range until 2019, the Norwegian government said its economy has started to move out of a standstill. The Norwegian government’s statistics office said weak economic growth in the latter half of 2016 has replaced an economic standstill , with gains in home-building and exports expected to provide a lift through early 2017. “The fall in oil prices that began in summer 2014 has exacerbated the downturn in petroleum industry investments, which had already begun before the end of 2013,” the government said Thursday. “The downturn that followed may now be coming to an end.” Norway is among the leading oil and natural gas exporters to a European economy looking to lessen its […]