🔴 Equinor is trading 5% down in pre-market as oil prices fall on U.S.-Iran diplomacy hopes

Equinor is trading at $46.33, down 4.96% in pre-market, as crude prices fell more than 4% on November 2 amid reports of U.S.-Iran diplomatic efforts easing supply-disruption concerns.

• Other oil companies also declined as crude retreated; major U.S. indexes were higher, pointing to energy-sector rather than broad-market pressure.
• No November 2 company-specific announcement was identified. Equinor’s larger-than-estimated Afrodite gas discovery was reported October 29; third-quarter results were released October 28.