FUEL PRICE
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Energy
Energy Expert: Fuel Price Hike Could Jeopardize Romania’s Economic Growth
The price increase of crude oil and oil products, after the recent chemical attack in Syria, could jeopardize Romania’s economic growth, as a fuel price hike would trigger a chain reaction in the economy, according to energy expert Ionut Purica.
Energy · ZF Power Summit 2017
Bogdan Chiritoiu: Romania's Competition Council Probes Fuel Price Hike Above EU Average
Competition Council started, at the beginning of February, a sectoral investigation on the Romanian fuel market, verifying the fuel price increase above the EU average.
Energy
Petrom Announces Highest Profit Ever. Austrian Owners Win, Local Economy Loses
Profit chain: Fuels become more expensive. OMV Petrom (SNP.RO) makes higher profit. Austrian-held OMV, which owns 51% in Petrom, makes even more money. The government gains something, too, t...