TotalEnergies CEO diagnoses split market with weak crude and strong products
TTE TotalEnergies SE
$89.89 -1.11%
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- 1TotalEnergies (TTE) CEO diagnoses an unusual market split with weak crude and strong refined products
- 2Hormuz crude passage remains intact but product flows disrupted by surging freight; Russian fuel down 3–3.5 million barrels per day
- 3Diesel and other product premiums near 15-year highs; Europe hit, US gasoline unlikely to fall below $4
This 3-line summary is compiled from the report below.
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