Rome, July 25, 2025 (AFP) - Italy's Eni reports profit falls due to dip in oil prices

NAMPA / AFP

2025-07-25

Italy's oil giant Eni said Friday profits and revenue sank last quarter due to lower oil prices and a weak dollar. Net profit fell by 18 percent year-on-year to 543 million euros ($637 million) in the second quarter. In the first half of the year, net profit slid by eight percent to 1.71 billion euros. Revenues also declined in the second quarter by 14 percent year-on-year to 18.8 billion euros, the company said in a statement. The oil giant......

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