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French supermajor, Total has reported a drop in the profits for the second quarter. Total’s adjusted net income in Q2 2019 was $2.9bn, down 26% from the same quarter in 2018. Total CEO Patrick Pouyanné said, “Markets remained volatile with Brent averaging $69 per barrel in the second quarter, an increase of 9% compared to the previous quarter, but natural gas prices were down 36% in Europe and 26% in Asia.”
