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Oil majors post softer Q3 earnings as crude trade range tightens

BP, Shell and TotalEnergies all came in below consensus.

WorldHouse Desk·June 30, 2026, 2:00 am·1 min read
Oil majors post softer Q3 earnings as crude trade range tightens

The three European supermajors reported a combined $18bn in underlying profit for the quarter, down 22% year-on-year. Refining margins normalised after a strong 2024.