15th Apr 2010 07:16
Main indicators
Chart updated around the middle of the month following the end of each quarter
| €/$ | European refining margins ERMI* ($/t)** | Brent ($/b) | Average liquids price*** ($/b) | Average gas price ($/Mbtu)*** | ||||||
| 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 | |||||
| Fourth quarter 2008 | 1.32 | 40.9 | 55.5 | 49.4 | 7.57 | |||||
* 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.
TRCV was the indicator margin reported in previous quarters in the interim updates. For information, TRCV is 19.3 $/t for first quarter 2010.
** 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.
TOTAL 2, place de la CoupoleLa Défense 692400 Courbevoie FranceTél. : 33 (1) 47 44 58 53Fax : 33 (1) 47 44 58 24Jérôme SCHMITTPascal BREANTLaurent WOLFFSHEIMRobert HAMMOND (Etats-Unis)Tél. : (1) 201 626 3500Fax : (1) 201 626 4004TOTAL S.A.Capital 6 350 151 080 euros542 051 180 R.C.S. Nanterrewww.total.com
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