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By America Hernandez
PARIS -French oil main TotalEnergies reported a 17% drop in adjusted web revenue for the primary quarter to $4.2 billion on Wednesday, after oil costs fell and margins for refining fuels in Europe struggled to get well from a steep collapse in 2024.
Analysts had anticipated $4.3 billion, in keeping with a consensus compiled by LSEG Refinitiv.
(Reporting by America Hernandez, Modifying by Louise Heavens in Paris)