Repsol (ES:REP) has released an update.
Repsol’s provisional third-quarter report for 2024 indicates a decrease in production and a significant drop in refining margins compared to the previous year. Prices for Brent and WTI crude have fallen by 7.4% and 8.4% year-on-year, respectively, while the production of oil and gas has also declined. The company is set to release its final Q3 results on October 31, 2024.
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