Eni Adjusts Profit Forecast Amid Slipping Oil Prices

In a significant update to its financial outlook, Eni SpA has announced a reduction in its profit guidance, attributing this downward revision to an anticipated dip in oil prices. The Italian multinational oil and gas company, one of the largest in Europe, has been navigating a turbulent market characterized by fluctuating crude oil prices influenced by global demand shifts and geopolitical tensions.

Continue reading