Exclusive: Mideast Tensions Unlikely to Push Oil to $100

In an interview with Al Arabiya’s Hadley Gamble, ENI’s CEO Claudio Descalzi dispelled the notion that oil prices might hit $100 by the year-end despite escalating tensions in the Middle East. “The market, at the moment, does believe that [the bombing of the Iranian oil facilities] can happen. That is my feeling”, he told Gamble. […] Follow on Twitter @DubaiChronicle

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Nov 3, 2024 - 17:45
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Exclusive: Mideast Tensions Unlikely to Push Oil to $100

In an interview with Al Arabiya’s Hadley Gamble, ENI’s CEO Claudio Descalzi dispelled the notion that oil prices might hit $100 by the year-end despite escalating tensions in the Middle East. “The market, at the moment, does believe that [the bombing of the Iranian oil facilities] can happen. That is my feeling”, he told Gamble. […]

Follow on Twitter @DubaiChronicle

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