Main Indicators

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

2016
 €/$Brent
($/b)
Average
liquids
price*** ($/b)
Average
gas price***
($/Mbtu)
European
refining
margins ERMI*
($/t)**
Fourth Quarter 20161.0849.346.13.8941.0
Third Quarter 20161.1245.941.43.4525.5
Second Quarter 20161.1345.643.03.4335.0
First Quarter 20161.1033.931.03.4635.1

* 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
 €/$Brent
($/b)
Average
liquids
price*** ($/b)
Average
gas price***
($/Mbtu)
European
refining
margins ERMI*
($/t)**
Fourth Quarter 20151.1043.838.14.4538.1
Third Quarter 20151.1150.544.04.4754.8
Second Quarter 20151.1161.958.24.6754.1
First Quarter 20151.1353.949.55.3847.1

* 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