Western Europe’s largest oil producer, Norway, will be ending the government-imposed oil production cuts at the end of the year, the Ministry of Petroleum and Energy said on Tuesday, while OPEC and its partners in the wider OPEC+ coalition continue to discuss how to proceed with the cuts next year. Norway, which is not part of the OPEC+ coalition, is cutting its oil production because of the slump in demand and prices in the spring of this year. Norway decided in April to reduce its crude oil production by the end of 2020, saying that the decision “has been made on an independent basis and with Norwegian interests at heart.” In a bid to support global efforts to prop up oil prices and ease the glut, Norway decided it would cut its crude oil production by 250,000 bpd in June, and then maintain a 134,000-bpd lower rate of production […]