This is a news story, published by Yahoo Finance, that relates primarily to Eni news.
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oil pricesReuters
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82% Informative
Italian energy group Eni will increase its share buyback programme to 2 billion euros ( $2.2 billion ) The state-controlled group had indicated in July that it could raise its buyback to up 2.1 billion euros if the macroeconomic situation improved.
Analysts have warned that a drop in oil prices after more than two years of bumper profits could push big energy companies to borrow to maintain shareholder payouts.
VR Score
92
Informative language
98
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