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TotalEnergies CEO Projects Oil Price Recovery in 2026

TotalEnergies CEO Projects Oil Price Recovery in 2026

In a recent statement to Bloomberg, TotalEnergies CEO Patrick Pouyanne expressed optimism about oil prices improving in 2026. He attributed the expected recovery to robust demand and proactive measures from OPEC nations to stabilize the market if prices dwindle. Pouyanne also suggested that U.S. producers would align their production to bolster prices. This comes amid a challenging period for key energy commodities, with Brent Crude, US Crude, and Natural Gas experiencing notable recent price declines.

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Over the past month, Natural Gas prices dropped 8.62%, reflecting weak sentiment in the energy market. Its 1-day technical signal indicates a Hold. Similarly, US Crude and Brent Crude posted one-month declines of 5.97% and 6.39%, respectively, with both displaying a 1-day technical analysis signal of Sell and Sell. Recent downward pressures highlight ongoing market volatility but suggest potential future opportunities. Investors can explore more updates, prices, and analysis across global markets at Commodities.

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