World has 'never experienced' soaring refining margins like this, TotalEnergies CEO tells CNBC
TotalEnergiesTotalEnergies(US:TTE) CNBC·2026-03-24 19:28

Roughly 15% of TotalEnergies' production is offline, as the war with Iran nears the one-month mark, but surging oil prices have more than made up for the lost barrels, chairman and CEO Patrick Pouyanné told CNBC in an exclusive interview.With Brent crude trading solidly above $100 a barrel, much of the attention has focused on oil prices, but Pouyanné said the crisis is having a much larger impact on product prices. "The Brent market is ok, but the products market, which is the one which impacts customers … ...

World has 'never experienced' soaring refining margins like this, TotalEnergies CEO tells CNBC - Reportify