0858 GMT - TotalEnergies delivered a strong downstream performance that will help offset weaker upstream prices, Jefferies analysts Mark Wilson and Kai Ye Loh write. The French energy major's European refining margin marker is strong at $85.7 a metric ton and comes in ahead of the expected $75 a ton, they write. TotalEnergies' good operational performance helped them capture the margin increase, they write. Shares rise 0.45% to 56.36 euros. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
January 20, 2026 03:58 ET (08:58 GMT)
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