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2014-10-31 14:05:00

TOTAL CAN RESIST

TOTAL CAN RESIST

French oil major Total SA is well placed to weather the recent oil-price volatility, with new production scheduled to come on stream over the next two years set to bolster the company, its new Chief Executive Patrick Pouyanné told a London industry conference Thursday.

"If one company is well positioned to resist the volatility, we are the one," said Mr. Pouyanné, speaking a week after his appointment following the sudden death of predecessor Christophe de Margerie in an airplane accident last week. Mr. Pouyanné, a Total veteran, was given a standing ovation by delegates at the Oil and Money conference after paying tribute to Mr. de Margerie.

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Tags: TOTAL, OIL, PRICE,

Chronicle:

TOTAL CAN RESIST
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U.S. OIL INVENTORIES DOWN 9.6 MB

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2019, March, 22, 10:15:00

SAUDI'S OIL WILL DOWN

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2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

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2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.

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