Equinor Says Politics-Led Volatility Hurting Its Energy Trading

Equinor ASA said that geopolitical volatility is making it a harder environment for the Norwegian energy giant’s traders to operate in, underscoring the risks facing Europe’s oil and gas majors as they get ready to report second-quarter earnings.

The Stavanger-based company said on Wednesday that its second-quarter profit dipped compared with a year earlier and noted a tough trading environment for gas, crude and oil products.