EDP 9M26 Net Profit Rises 25% Year-on-Year to EUR 1.19 Billion
Bitget2026/11/05 19:25- EDP’s net income attributable to shareholders rose 25% year over year to EUR 1.19 billion in the first nine months of 2026.
- Revenue increased 6% year over year to EUR 12.15 billion.
- Operating cash flow fell 18% year over year to EUR 2.31 billion.
- Net debt climbed 9% from December 2025 to EUR 16.81 billion at September 2026.
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EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.
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