Finance

Big Oil cash flow could top $100 billion in third quarter. Which supermajor will come out on top?

Analysts see ‘positive earnings momentum’ underpinned by ‘fragility’ of global energy markets

Refining boon: Chief executives Josu Jon Imaz of Repsol; Anders Opedal of Equinor; Patrick Pouyanne of TotalEnergies and Wael Sawan of Shell.
Refining boon: Chief executives Josu Jon Imaz of Repsol; Anders Opedal of Equinor; Patrick Pouyanne of TotalEnergies and Wael Sawan of Shell.Photos: REPSOL/JEFF GILBERT/DN/TOTALENERGIES/AP/SCANPIX
London
Published 16 October 2023, 09:45Updated 17 October 2023, 12:41
BarclaysRBC Capital MarketsEquinorBPShell