10:18 AM EDT, 03/26/2026 (MT Newswires) -- TotalEnergies' (TTE) trading arm has been on one of the biggest-ever Middle Eastern oil buying sprees this month, adding to the sharper prices of the commodity, Bloomberg reported Thursday, citing traders monitoring data from Platts.

So far in March, Total has bought 69 cargoes of crude that sets the Middle East's Dubai benchmark, the report said. In comparison, a total of 347 Dubai cargoes were traded during the whole of 2025, Bloomberg added.

Several traders told Bloomberg that the scale of Total's purchases was unprecedented and added to sharp price moves and upward pressure at a time when supply is already below normal, according to the news outlet.

TotalEnergies did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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