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Bloomberg

Total CEO Says Market Is Bearish for Crude, Bullish for Products

Monday, August 24, 2026


TotalEnergies CEO Patrick Pouyanne stated that crude oil markets face a bearish outlook while refined product markets are bullish. Pouyanne did not provide additional details on the timeframe or specific factors underlying this market divergence.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-24/total-ceo-says-market-is-bearish-for-crude-bullish-for-products-mt75hra8

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