TotalEnergies expects to report strong third-quarter results later this month as the Middle East conflict has driven up refining margins and LNG prices in a bull market, the French oil and gas supermajor said on Thursday. TotalEnergies said in a trading update its European refining margin soared to as much as $33.20 per barrel in the third quarter, nearly tripled from $13.50 for the second quarter, and quadrupled from the $8.40 refining margin in the third quarter last year. “Downstream results and cash flow are expected to reach exceptional…
Hence then, the article about totalenergies eyes massive profit windfall as refining margins soar was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( TotalEnergies Eyes Massive Profit Windfall as Refining Margins Soar )