TotalEnergies Reports Record Quarterly Profits Amid Global Fuel Market Disruptions

French energy giant TotalEnergies reported net profits of $8.3 billion in the third quarter of 2026, marking a 124% increase compared with the same period last year. The strong performance was driven by exceptionally high refining margins, particularly for diesel and jet fuel, as geopolitical tensions and supply disruptions tightened global fuel markets. Its trading and liquefied natural gas operations also benefited from volatile energy prices.