Norway's central bank has recommended that the Ministry of Finance remove oil and gas holdings from its $1 trillion (£760 billion) sovereign wealth fund. "The return on oil and gas stocks has been significantly lower than in the broad equity market in periods of falling oil prices," said the bank in a statement. LONDON — Norway's central bank has recommended that the Ministry of Finance remove oil and gas holdings from its $1 trillion (£760 billion) sovereign wealth fund – a move that could have significant consequences for the sector.