Total Q-1 profit soars 35pc on higher oil prices

The result was slightly up on the forecast of 3.06 billion euros from analysts polled by Dow Jones Newswires.

In the first quarter oil prices were up 38 percent on the same period of 2010 at 105.4 dollars a barrel for Brent crude, Total said in a statement.

Sales rose 22 percent to 46.03 billion euros over the same period for France's biggest company by market capitalisation.

However, output fell 2.3 percent at 2.371 million barrels a day.

Copyright AFP (Agence France-Presse), 2011

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