# Norway's $2.3 Trillion Oil Fund Loses $30 Billion in Third Quarter

- Source: OilPrice.com
- Published: 2026-10-22T16:30:00+00:00
- Category: Markets
- Original: https://oilprice.com/Latest-Energy-News/World-News/Norways-23-Trillion-Oil-Fund-Loses-30-Billion-in-Third-Quarter.html
- Canonical: https://groundlevelnews.com/story/norway-s-2-3-trillion-oil-fund-loses-30-billion-in-third-quarter-ccc50c/

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

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