Total profits jump 29% as war drives oil price surge and trading gains
French oil major manages to increase production outside Gulf, offsetting shutdowns caused by the conflict
French oil major manages to increase production outside Gulf, offsetting shutdowns caused by the conflict

Oil major’s quarterly profit beats analysts’ expectations on back of ‘exceptional’ trading performance

International Energy Agency expects production to rise by 1.8mn barrels a day in 2025

Crude back below $90 after surging to nearly $120 on Monday

Stocks near 8-year low ahead of summer travel season despite collapse in demand

Trading desks at BP, Shell and TotalEnergies outshine US rivals

In March, French group bought every available cargo of crude produced in UAE and Oman for loading in May