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News 2026-07-09 10:20 UTC

RBC Adjusts Forecasts for Repsol After 'Strong' Q2 Trading Update

() -- RBC Capital Markets revised its model for Repsol (REP.MC), tweaking its earnings estimates for the Spanish oil and gas giant, noting a "strong" second-quarter production update underscored by robust downstream performance. "Repsol's refining margin indicator was $14 [per barrel] in 2Q, with the premium to this ex