French oil giant Total said that global oil prices have fallen, refining profit margins in Europe and other regions have declined, and downstream performance is expected to drop sharply in the third quarter. Total currently expects the European refining profit margin for the third quarter to be 15.4 US dollars/ton, which is significantly lower than the previous quarter's 44.9 US dollars/ton. The company will officially announce its third-quarter results on October 31.

Zhitongcaijing · 10/15 08:25
French oil giant Total said that global oil prices have fallen, refining profit margins in Europe and other regions have declined, and downstream performance is expected to drop sharply in the third quarter. Total currently expects the European refining profit margin for the third quarter to be 15.4 US dollars/ton, which is significantly lower than the previous quarter's 44.9 US dollars/ton. The company will officially announce its third-quarter results on October 31.