BNB$713.46+0.02%BRENT$104.74-2.69%BTC$77,161-0.27%COPPER$6.47-0.01%DJI$52,064-0.60%DOGE$0.0839+0.24%DXY99.11+0.06%ETH$2,472-0.04%GOLD$4,343+0.59%NDX$29,104-1.08%SILVER$63.98+0.68%SOL$99.62-0.17%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.30-3.03%BNB$713.46+0.02%BRENT$104.74-2.69%BTC$77,161-0.27%COPPER$6.47-0.01%DJI$52,064-0.60%DOGE$0.0839+0.24%DXY99.11+0.06%ETH$2,472-0.04%GOLD$4,343+0.59%NDX$29,104-1.08%SILVER$63.98+0.68%SOL$99.62-0.17%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.30-3.03%
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TotalEnergies CEO Sees Bearish Crude, Bullish Product Prices

Crude Oil ↓ StrongRefined Products ↑ Strong

Key takeaways

  • Crude Oil: Crude Oil — Strong bearish
  • Refined Products: Refined Products — Strong bullish
  • TotalEnergies CEO Patrick Pouyanne indicates a bearish outlook for crude oil while forecasting bullish prices for refined products in the global market.

Analysis

TotalEnergies CEO Patrick Pouyanne indicates a bearish outlook for crude oil while forecasting bullish prices for refined products in the global market.

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