Pouyanne revealed moving a supertanker through Hormuz costs only $10 per barrel, far below what panicked investors feared.
Iraq's SOMO offered discounts up to $29.80 per barrel on Basrah crude, more than covering the $10 Hormuz shipping premium.
TotalEnergies generated $9.8 billion in Q2 cash flow and authorized $1.5 billion in buybacks while its trading arm added $500 million in outperformance.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and TotalEnergies didn't make the cut. Grab the names FREE today.
Oil has become the thread running through the global inflation story. The Iran war has disrupted production, refining, shipping, and the routes connecting them, pushing energy costs higher across transportation, manufacturing, food, and household budgets.
#NVIDIA
Iraq's SOMO offered discounts up to $29.80 per barrel on Basrah crude, more than covering the $10 Hormuz shipping premium.
TotalEnergies generated $9.8 billion in Q2 cash flow and authorized $1.5 billion in buybacks while its trading arm added $500 million in outperformance.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and TotalEnergies didn't make the cut. Grab the names FREE today.
Oil has become the thread running through the global inflation story. The Iran war has disrupted production, refining, shipping, and the routes connecting them, pushing energy costs higher across transportation, manufacturing, food, and household budgets.
#NVIDIA
6 days ago
