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Macro Finance

Total CEO Says Market Is Bearish for Crude, Bullish for Products

Bloomberg Markets·August 24, 2026·1 min read

TotalEnergies SE CEO Patrick Pouyanne said the global oil market has diverged fundamentally, with a bearish outlook for crude but bullish prices for products. The statement highlights a split in market sentiment, where crude faces downward pressure while refined products see stronger demand or tighter supply, according to the executive's remarks.

Read at Bloomberg Markets
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