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Eni Sees Profit Decline Amidst Dipping Oil Prices and Refining Challenges

Eni Sees Profit Decline Amidst Dipping Oil Prices and Refining Challenges
3 months ago

Italian energy giant Eni has reported a noticeable decrease in its profits, attributing the drop to declining oil prices combined with lower refining margins. These factors have created a challenging environment for one of Europe's leading oil and gas companies, exacerbating pressures in an already volatile energy market.

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