PARIS--(BUSINESS WIRE)--
Total (Paris:FP) (LSE:TTA) (NYSE:TOT):
Chart updated around the middle of the month following the end of each quarter
| €/$ |
European refining |
Brent ($/b) | Average liquids price*** ($/b) | Average gas price ($/Mbtu)*** | ||||||||||||
|
margins ERMI* ($/t)** |
||||||||||||||||
| Fourth quarter 2010 | 1.36 | 32.3 | 86.5 | 83.7 | 5.62 | |||||||||||
| Third quarter 2010 | 1.29 | 16.4 | 76.9 | 72.8 | 5.13 |
|
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| Second quarter 2010 | 1.27 | 31.2 | 78.2 | 74.8 | 4.82 | |||||||||||
| First quarter 2010 | 1.38 | 29.5 | 76.4 | 74.2 | 5.06 | |||||||||||
| Fourth quarter 2009 | 1.48 | 11.7 | 74.5 | 70.6 | 5.07 | |||||||||||
| Third quarter 2009 | 1.43 | 12.0 | 68.1 | 65.1 | 4.89 | |||||||||||
| Second quarter 2009 | 1.36 | 17.1 | 59.1 | 54.8 | 4.71 | |||||||||||
| First quarter 2009 | 1.30 | 30.5 | 44.5 | 41.5 | 5.98 |
* European Refining Margin Indicator (ERMI) is an indicator intended to represent the margin after variable costs for a hypothetical complex refinery located around Rotterdam in Northern Europe that processes a mix of crude oil and other inputs commonly supplied to this region to produce and market the main refined products at prevailing prices in this region. - The indicator margin may not be representative of the actual margins achieved by Total in any period because of Total’s particular refinery configurations, product mix effects or other company-specific operating conditions.
** 1 $/t = 0.136 $/b
*** consolidated subsidiaries, excluding fixed margin and buy-back contracts
Disclaimer : these data are based on Total’s reporting and are not audited. They are subject to change.