Friday , December 4 2020

Total oil company made a profit in the third quarter

The French oil company, Total, recovered somewhat in the third quarter. After losing billions in the second quarter, the company again made a profit. The bottom line was 202 million US dollars (172.6 million euros), as Total announced Friday in Paris.

In the previous quarter, the French had to write off billions on their stocks due to an unprecedented fall in demand and prices.

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