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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What all sources covered
- 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.
2 sources
Who reported first
BloombergFirst
in.gr+6h
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