Energy Executives at Davos Upbeat After Two-Year Price Rout
January 20 2017 - 9:01AM
Dow Jones News
By Elena Cherney
DAVOS, Switzerland--The oil price recovery is boosting the mood
of energy-industry leaders at the World Economic Forum in Davos,
Switzerland, with many expressing confidence that the market is
rebalancing after a two-year price collapse.
"Everybody thinks the worst is over," said Emma Marcegaglia,
chairman of Eni SpA, Italy's biggest oil company. "The mood is
completely different compared with last year. The mood is
better."
Write to Elena Cherney at elena.cherney@wsj.com
(END) Dow Jones Newswires
January 20, 2017 08:46 ET (13:46 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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