TotalEnergies CEO Says Growing Demand Will Underpin Oil Prices

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Why This Matters

TotalEnergies CEO Patrick Pouyanne believes that growing demand for oil will support oil prices, despite recent concerns about a global surplus.

Market Impact

Market impact analysis based on bullish sentiment with 78% confidence.

Sentiment
Bullish
AI Confidence
78%

Article Context

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TotalEnergies SE Chief Executive Officer Patrick Pouyanne said rising demand for oil will help to underpin prices, despite their slump this week on growing concerns about a global surplus.

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Original article published by Bloomberg on December 17, 2025.
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