Investors
Investors
Main Indicators
Chart updated around the middle of the month following the end of each quarter.
2010
| €/$ | European refining margins ERMI* ($/t)** | Brent ($/b) | Average liquids price*** ($/b) | Average gas price*** ($/Mbtu) | |
|---|---|---|---|---|---|
| Second Quarter | 1.27 | 31.2 | 78.2 | 74.8 | 4.82 |
| First Quarter | 1.38 | 29.5 | 76.4 | 74.2 | 5.06 |
* 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 $/b
*** consolidated subsidiaries, excluding fixed margin and buy-back contracts
2009
| €/$ | European refining margins TRCV* ($/t)** | European refining margins ERMI* ($/t)** | Brent ($/b) | Average liquids price*** ($/b) | Average gas price*** ($/Mbtu) | |
|---|---|---|---|---|---|---|
| Fourth Quarter | 1.48 | 5.7 | 11.7 | 74.5 | 70.6 | 5.07 |
| Third Quarter | 1.43 | 6.6 | 12.0 | 68.1 | 65.1 | 4.89 |
| Second Quarter | 1.36 | 12.4 | 17.1 | 59.1 | 54.8 | 4.71 |
| First Quarter | 1.30 | 34.7 | 30.5 | 44.5 | 41.5 | 5.98 |
Disclaimer: these data are based on Total's reporting and are not audited. They are subject to change.
Boîte à outils
Updated Jul. 15, 10

