TotalEnergies CEO Expects Oil Price Improvement in 2026

Oil prices should improve next year, driven by healthy demand, TotalEnergies’ chief executive Patrick Pouyanne told Bloomberg, noting that a supply response from OPEC will also likely contribute to the rebalancing of oil markets. “Demand continues to grow,” Pouyanne said. “I trust also OPEC countries to manage the situation” in case oil prices fall too low. U.S. producers will also adjust their production to boost prices, the executive suggested. Pouyanne’s remarks follow Brent crude falling below $60 for the…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com