Italian Eni CEO: There is a need for a balanced situation for oil ‎prices

Claudio Descalzi, CEO of the Italian energy group Eni, said on Monday that there is a need for a balanced situation for oil prices.

According to Reuters, Descalzi told reporters at the ADIPEC Energy Conference in the Emirati capital, Abu Dhabi, “We need a price that allows us to invest, and we need a price that is not difficult for consumers, otherwise the ability to spend will decrease and the market will be harmed.” Therefore, we need a balanced situation.”