#control production

MILAN | Italy’s Eni sees profits triple on higher oil prices

MILAN— Italian oil and gas producer Eni said its third-quarter profits tripled as oil prices hit the highest levels in four years.

Eni, which is about one-third government-owned, made net income of 1.53 billion euros ($1.74 billion), compared with 344 million euros a year earlier. The company cited higher crude prices, which were up about 45 percent in the period amid better economic growth and…