Breaking8h ago•2 min read
Eni CEO says oil market risks breaking out of current range by early 2027
Summary
The head of Italian energy giant Eni warns of an impending shift in global oil prices, driven by geopolitical tensions and finite resources.
Eni CEO Claudio Descalzi predicts the global oil market will break its current $80-$100 range by early 2027, potentially boosting inflation and