Oil firms struggle and OPEC hopes fade

ReutersNewsPublished: October 28, 2016Updated: October 29, 20163 views
Published: October 28, 2016Updated: October 29, 2016

France's Total and Italy's Eni have both reported profit pain from low oil prices and there's no sign of an end to the agony. As Ciara Lee reports, oil prices have been heading for the biggest weekly losses in six weeks as doubts emerge that there won't be an output cut big enough to curb a global glut.

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