MADRID, July 23 (Reuters) – Spanish oil and gas firm Repsol published a net loss for the second quarter on Thursday, and documented $1.5 billion in possessions on expectations of lower oil prices over the next 30 years.
The 258 million euro ($2989 million) quarterly adjusted bottom line was less deep than an average projection for 279 million euros given by experts polled by the business.
Repsol said it now anticipated Brent petroleum costs to typical $596 per barrel in between 2020 and2050
$ 1 = 0.8631 euros
Reporting by Isla Binnie; Editing by Jose Elías Rodríguez
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