TotalEnergies Reports Strong Q3 Performance Despite Lower Oil Prices
TotalEnergies anticipates improved third-quarter performance despite declining oil prices, according to recent trading updates. The company’s European refining margins surged over 300% year-over-year, while upstream production increases helped counter lower liquefied natural gas output.
TotalEnergies Projects Third-Quarter Growth
French energy giant TotalEnergies expects to report increased third-quarter results, according to recent trading updates. Sources indicate that higher upstream production and improved refining margins have partially offset the impact of lower oil prices and reduced liquefied natural gas output during the July-September period.