Published Jun 17, 2026, 6:51 AM ET · Updated 5 months ago · 1 source

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

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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.