At the weekend, it was claimed that big-spending Wolves were in the market for two new strikers before the end of the summer transfer window, and one of those was Portugal international Oliveira.
The 26-year-old, however, has insisted that he is "happy at Norwich", and is unsure where the reports of interest from Molineux came from.
"I do not know about Wolverhampton's possible interest, I admire Nuno Espirito Santo as coach and I even have friends at Wolves, but I'm happy at Norwich," Oliveira told the Portuguese media.
"I'm totally adapted and I feel cherished at the club, my coach is great and he likes me. There is no problem between us and we have a team to fight for the climb. I am totally focused on Norwich."
Oliveira scored 11 Championship goals for Norwich last season, and is already off the mark in the new campaign after netting against Fulham on August 5.