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Eni Cuts Capex, Oil Price Forecast Amid Tariffs

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Eni said on Thursday it would reduce capital expenditure by at least €500 million ($569 million) this year and slashed its Brent price forecast due to uncertainty around tariffs upending global trade.

Topics:
Capital Spending, Corporate Strategy, Tariffs, Trade, Offshore Oil and Gas, Conventional Oil and Gas, M&A, Renewable Electricity , Carbon Capture (CCS), Regional Integrateds, Earnings
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