Total SA


  • European stocks close mixed; Julius Baer soars Monday, 2 Feb 2015 | 11:51 AM ET

    European equities closed mixed on Monday, after a volatile day of trading.

  • Sasol choking on oil glut—holds $14B expansion Thursday, 29 Jan 2015 | 11:48 AM ET
    Gas prices at a Costco station in Westminster, Colorado, December 23, 2014.

    South African energy company Sasol delayed its $14 billion expansion in Louisiana amid falling oil prices, the New York Times reports.

  • Canada to slash oil investments by 33% Thursday, 22 Jan 2015 | 11:20 AM ET
    The Syncrude Canada Ltd. mine is seen in this aerial photograph taken above the Athabasca Oil Sands near Fort McMurray, Alberta, Canada,

    Canada's oil sector will cut its 2015 investment by one third amid plummeting oil prices, The Financial Times reports.

  • The lift in prices come after OPEC's Secretary General and the International Energy Agency's chief economist both said they expected prices- hovering at April 2009 lows- to rebound later this year. Total SA joined a raft of international oil companies, including BP Plc and ConocoPhillips, in slashing budgets in light of the recent plunge in prices.

  • US crude oil settles nearly 3% higher Wednesday, 21 Jan 2015 | 2:37 PM ET
    A gas flare is seen at an oil well site outside Williston, N.D.

    US crude closed oil nearly 3 percent, rebounding from falls in the previous session as more energy firms cut investments and the dollar weakened.

  • OPEC's secretary-general and the International Energy Agency's chief economist both said they expected prices, currently near their lowest since 2009, to rebound later this year. The cut is "headline-grabbing," analyst Matt Smith of Schneider Electric said, but it will be months before an actual reduction will manifest. Turmoil in Yemen further added to the...

  • OPEC chief: Oil to remain at low levels for a month Wednesday, 21 Jan 2015 | 12:35 PM ET
    Secretary General of the Organization of the Petroleum Exporting Countries Abdullah Al-Badri

    OPEC's secretary general says oil prices will remain around their current levels for around a month before rebounding.

  • Europe ends higher after ECB bond-buying hint Wednesday, 21 Jan 2015 | 11:37 AM ET
    A trader speaks on the phone in front of the index board in Frankfurt, Germany.

    European markets closed higher on reports that the ECB is set to buy around 50 billion euros per month of government bonds for around a year.

  • Europe ends sharply higher; Swiss stocks slide Thursday, 15 Jan 2015 | 11:30 AM ET

    European equities rallied after a volatile session of trade on Thursday to close sharply higher, following action from the Swiss National Bank.

  • Retail fuels Europe rally; DAX ends sharply up Tuesday, 13 Jan 2015 | 11:31 AM ET

    European equities closed sharply higher on Tuesday, with a surge in retail stocks helping to boost investor sentiment.

  • Why oil will go even lower Wednesday, 7 Jan 2015 | 2:43 PM ET
    Gas prices at a Costco station in Westminster, Colorado, December 23, 2014.

    A surge in U.S. gasoline and diesel supplies spells more trouble for oil prices but is good news for consumers.

  • Oil dips below $49 as sector faces 'Hunger Games' Tuesday, 6 Jan 2015 | 11:48 AM ET

    Oil's dramatic fall in price will have serious effects on revenues and spending in the sector, according to industry analysts.

  • As oil breaks $50, Wall Street getting more bearish Monday, 5 Jan 2015 | 3:20 PM ET
    Trader on the floor of the New York Stock Exchange.

    Wall Street is getting more bearish on the outlook for oil prices and some strategists see the market many months away from finding a floor.

  • Oil tanks on surprise rush in US supply, imports Wednesday, 24 Dec 2014 | 11:40 AM ET
    A gas flare is seen at an oil well site outside Williston, N.D.

    Oil futures plunged on a surge in supplies of U.S. oil and a record level of gasoline.

  • Europe ends higher after Dow hits 18,000, GDP beats Tuesday, 23 Dec 2014 | 11:30 AM ET

    European shares closed higher on Tuesday, with revised growth data from the U.S. and record gains on Wall Street boosting sentiment.

  • Gartman: Get ready for oil bankruptcies Tuesday, 23 Dec 2014 | 6:27 AM ET
    Dennis Gartman

    Shale oil firms in the U.S. will suffer in the next two years due to the dramatic fall in the price of the commodity, according to Dennis Gartman.

  • Saudi 'shock and awe' slams oil; nat gas burned Monday, 22 Dec 2014 | 5:46 PM ET

    OPEC talked down the oil market, sending crude sharply lower, while warm weather and growing supply battered natural gas prices.

  • Trying to pick a bottom in energy stocks Wednesday, 17 Dec 2014 | 4:07 PM ET
    Traders on the floor of the New York Stock Exchange.

    Trying to pick a bottom in energy stocks: is this the time to go long?

  • FORT MCMURRAY, Alberta, Dec 16- The boomtown in the heart of Canada's oil sands region is getting nervous. Fort McMurray, surrounded by the boreal forest of northern Canada, has long drawn thousands with jobs that paid six-figure salaries to a region that produces more crude than anywhere else in the Western Hemisphere. Suncor Energy Inc, Total SA and Statoil ASA...

  • Europe tumbles over 2% as oil stocks tank Friday, 12 Dec 2014 | 11:55 AM ET

    European stock markets closed sharply lower on Friday, as commodity prices continued to fall and and shares in oil-related firms tanked.