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Total Oil Trading Gain Doubled to About $1 Billion Last Quarter

Bloomberg

BusinessBloomberg·Jun 17, 2026·1 min read

Total Oil Trading Gain Doubled to About $1 Billion Last Quarter

TotalEnergies SE’s oil trading profits doubled to about $1 billion in the first quarter as the energy giant went on a crude buying spree in the run-up to the Iran war, Chief Executive Officer Patrick Pouyanné said.

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