Analysts Eye Big Oil's Spending and Acquisition Plans
Market Intelligence Analysis
AI-PoweredAnalysts are focusing on Big Oil's future plans and spending strategies, despite expected lackluster third-quarter results, driven by recent industry challenges.
Market impact analysis based on neutral sentiment with 70% confidence.
Article Context
Big Oil is reporting third-quarter results this week and next. No surprises are expected—Big Oil has been having an eventful year featuring tariffs, sanctions, and glut predictions—and these events will be reflected in financial reports. Yet analysts are already looking ahead to 2036 and what Big Oil plans to do next. So far, two big oil companies have reported third-quarter figures: Norway’s Equinor and Italy’s Eni. Both demonstrated the dominant trends in the industry, likely to be seen in the reports of BP, Shell, TotalEnergies,…
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