Main Indicators

Chart updated around the middle of the month following the end of each quarter.

2016
 €/$European
refining
margins ERMI*
($/t)**
Brent
($/b)
Average
liquids
price*** ($/b)
Average
gas price***
($/Mbtu)
Third Quarter 20161.1225.545.941.43.45
Second Quarter 20161.1335.045.643.03.43
First Quarter 20161.1035.133.931.03.46

* 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 contracts, including hydrocarbon production overlifting / underlifting position valued at market price.

Disclaimer: data is based on Total's reporting, is not audited and is subject to change.

 

2015
 €/$European
refining
margins ERMI*
($/t)**
Brent
($/b)
Average
liquids
price*** ($/b)
Average
gas price***
($/Mbtu)
Fourth Quarter 20151.1038.143.838.14.45
Third Quarter 20151.1154.850.544.04.47
Second Quarter 20151.1154.161.958.24.67
First Quarter 20151.1347.153.949.55.38

* 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 contracts, including hydrocarbon production overlifting / underlifting position valued at market price.

Disclaimer: data is based on Total's reporting, is not audited and is subject to change.

 

Consult historical data