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E - Eni sees Euro3.5B impairment after revising long-term oil price assumptions
ENI S.p.A.
Eni (NYSE:E) estimates it will take a €3.5B impairment charge plus or minus 20% in Q2, including a devaluation of tax credits recorded in connection with tax-loss carryforwards, after lowering its long-term assumptions for Brent crude oil to $60/bbl in 2023 real terms compared to $70/bbl previously.