Total (TTE.US) Q2 Earnings Preview: Brent Crude's Quarterly Average Approaches $100, Boosting Upstream; LNG Business Becomes the Only Drag

智通财经APP has learned that French energy giant Total (TTE.US) released its second-quarter earnings preview on Thursday, stating that the group's overall profits are expected to grow, driven by high oil prices resulting from the Iran conflict and soaring refining margins. However, the integrated LNG division is expected to decline significantly, as the European market remains weak and natural gas trading suffers setbacks.