6. Oct 2026
Description
(AWP Alliance News) - Repsol flagged higher upstream output in its 3Q 2026 trading update, with total production seen at 574 Kboe/d, up 2.9% from 2Q 2026 and up 4.2% from 3Q 2025. Consolidated production is estimated at 354 Kboe/d, up 6.3% quarter-on-quarter and up 4.1% year-on-year, led by North America at 219 Kboe/d, up 6.8% from 2Q and up 21.0% from a year earlier. The company's Spain refining margin indicator is estimated at USD 36.2/bbl, up 158.6% from 2Q, while distillation utilization rose to 81.3% from 78.6%.
The chemical margin indicator is seen at EUR 387/t, down 32.0% from 2Q but up 50.0% from 3Q 2025. Repsol also reported a 3Q average Dated Brent price of USD 97.0/bbl, down 6.6% from 2Q, while Spanish pool power prices averaged EUR 122.1/MWh, up 120.4% quarter-on-quarter.
https://docs.publicnow.com/C9D30A67D8EDAD63213622C282979E6A18E693A1
Disclaimer: This news brief was created using generative artificial intelligence. Repsol SA published the original content used to generate this news brief on October 06, 2026, and is solely responsible for the information contained therein.
