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Italian "supermajor" oil company Eni SPA CEO said deeper OPEC+ production cuts unlikely

Italian
Eni SpA CEO Claudio Descalzi was speaking Monday US time in a Bloomberg TV interview. Said that OPEC and its allies are unlikely to deepen their production cutsSpeaking elsewhere he added: “We need a price that allows us to make investment and we need a price that is not against consumers because otherwise you reduce the capability to spend and then you destroy your market. So we need a balanced situation” This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: Oct 3 2023, 01:25
Author Name: forexlive
Views: 112553

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