Total CEO Not Worried About Oil Market Prices

The transcript discusses the impact of market changes on inventories and the positive financial results achieved by lowering the break-even point to $40 per barrel. It highlights the company's strong market position and strategy to capitalize on weak competitors. The CEO expresses confidence in the company's performance and notes the positive market reaction to recent developments.

What is the break-even point for the company as mentioned in the video?

• $40 per barrel

• $30 per barrel

• $50 per barrel

• $60 per barrel

What percentage has the company's gearing been reduced to?

• 20%

• 23%

• 25%

• 30%

How does the company plan to benefit from the current market conditions?

• By reducing production

• By taking advantage of their strong market position

• By increasing prices

• By acquiring weaker competitors

What was the market's reaction to the company's performance in the first round?

• Positive

• Uncertain

• Neutral

• Negative

What is the speaker's role in the company?

• Chief Financial Officer

• Chief Marketing Officer

• Chief Executive Officer

• Chief Operating Officer