Angelina Rascouet - BLOOMBERG.COM

Italy’s largest oil producer posted an adjusted net loss of 379 million euros ($419 million) after a profit of 250 million euros a year earlier. That compares with average estimates for a 225 million-euro adjusted profit in a Bloomberg survey of eight analysts. Hydrocarbon production rose 14 percent as the company’s exploration and production unit exceeded analysts’ expectations. The shares gained 4.2 percent.

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