US Stocks Movement | Total rises over 2% pre-market as Q2 adjusted net profit increases by 68% year-on-year

格隆汇2026/07/23 08:21

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```htmlGolden Ten Data July 23｜TotalEnergies (TTE.US) is up 2.38% in pre-market trading, at $86.932. According to reports, TotalEnergies stated that due to the Middle East conflict driving up crude oil and refined product prices, offsetting the decline in profits from its natural gas business, the company's adjusted net profit in the second quarter increased by 68% year-on-year to $6.03 billion. This result basically meets analysts' expectations. After TotalEnergies warned last week that its integrated gas business was significantly underperforming in trading, the market had lowered profit expectations for the company. CEO Patrick Pouyanné said in a statement: "In an environment where the Middle East conflict keeps energy prices high, TotalEnergies is leveraging its integrated business model and diversified asset portfolio advantages."```

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OPEC's monthly report shows that Saudi Arabia's average daily crude oil production in October rose to 10.56 million barrels, just several hundred thousand barrels lower than the pre-war level in February and slightly above its quoted limit under the OPEC framework. Iraq's daily output in October also reached approximately 4.9 million barrels, a new high since the outbreak of war. Meanwhile, after the UAE exited OPEC and began competing in the market independently, both the UAE and Saudi Arabia recently slashed their official December cargo prices for Asian buyers, intensifying the competitive landscape.

华尔街见闻•2026/11/11 17:31