Norway’s largest financial group said the country’s oil and gas industry will see the biggest impact from the Brexit vote.
According to reports, oil analyst Torbjorn Kjus said the impact on the oil price was the most important factor for Norway.
The decision by more than 51% of the UK to back Brexit has seen market stocks plummet and Brent Crude drop by more than 6%.
Kjus said there were wider consequences for Norwegian gas, which is mainly sold in Europe.
He said it was “impossible” to say what would happen with the EU as it is “too complex” but he said weaker economic growth in the Eu would probably hit the gas market.