TotalEnergies posts record profits as it keeps a lid on fuel prices | HappeningNow.news

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TotalEnergies posts record profits as it keeps a lid on fuel prices

As hundreds of thousands across France are expected to take to the street again this weekend to protest the high cost of living, oil and gas giant TotalEnergies has posted record profits for the quarter to September.

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TotalEnergies reported record quarterly profits for the period ending September, despite widespread protests in France over the high cost of living. The oil and gas company has maintained fuel prices at its pumps below those of rival stations, prompting motorists to wonder if further reductions are possible. The protests, expected to involve hundreds of thousands of people across the country this weekend, reflect public concern about living expenses while the firm highlights its pricing strategy.

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Read original at France 24

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