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Saturday, July 4, 2026

Total CEO: Mideast producers desperate to sell oil stocks

  Middle East oil producers are desperate to sell crude stockpiled during the recent Persian Gulf conflict, but gasoline and diesel inventories remain constrained due to shipping worries, TotalEnergies SE Chief Executive Patrick Pouyanné said.

https://www.bloomberg.com/news/articles/2026-07-04/total-ceo-sees-mideast-producers-desperate-to-sell-oil-stocks

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