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Total CEO observes Mideast producers eager to sell oil stocks amid constraints · Cyprus Report

Economy · World

Total CEO observes Mideast producers eager to sell oil stocks amid constraints

2 sourcesFirst reported 18 days agoUpdated 17 days ago

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Middle East oil producers are reportedly eager to sell crude oil stockpiled during recent conflicts.
TotalEnergies SE CEO Patrick Pouyanné highlighted that gasoline and diesel inventories are still limited due to shipping concerns.
The pricing for gasoline and diesel aligns with expectations if crude oil prices were around $95 to $100 per barrel, according to reports.
The situation underscores the ongoing challenges faced by oil producers in the region.

Generated by AI from the 2 sources below · always verify with the originals

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Summarising the coverage…

Generated by AI from the 2 sources below · always verify with the originals

All coverage (2)

Total: Οι παραγωγοί στη Μέση Ανατολή θέλουν απεγνωσμένα να πουλήσουν πετρέλαιοin.gr · 17 days ago
Total CEO Sees Mideast Producers Desperate to Sell Oil StocksBloomberg · 18 days ago

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AI summary: catch up in 20 seconds

Middle East oil producers are reportedly eager to sell crude oil stockpiled during recent conflicts.
TotalEnergies SE CEO Patrick Pouyanné highlighted that gasoline and diesel inventories are still limited due to shipping concerns.
The pricing for gasoline and diesel aligns with expectations if crude oil prices were around $95 to $100 per barrel, according to reports.
The situation underscores the ongoing challenges faced by oil producers in the region.

Generated by AI from the 2 sources below · always verify with the originals