USD 92.5058

-0.79

EUR 98.9118

-0.65

Brent 88.19

+0.15

Natural gas 1.979

+0.01

356

Total Reports Record Crude Oil Prices

Record crude oil prices have helped French oil giant Total report a record 12.58bn euros

Total Reports Record Crude Oil Prices

Record crude oil prices have helped French oil giant Total get a record 12.58bn euros net profit in 2006.

The earnings, up 5% on the previous year, were buoyed by crude reaching more than $78 a barrel in mid-July.

Its fourth quarter results compare with an 11% rise in profits at Royal Dutch Shell, a 12% slump at BP and a 4.3% dip at Exxon Mobil.

Total reported overall sales in the year of 153.8bn euros, 12% higher than in 2005.


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