FUEL
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Oil Companies Start Year With Consecutive Fuel Price Hikes
Since the beginning of the year, namely in less than two weeks, gasoline and diesel fuel prices have grown by 3%, with the latest increase operated by OMV Petrom (SNP.RO), the largest compan...
Oil Companies To Challenge Fuel Probe Results, Competition Council Says Had Direct Evidence For It
The Competition Council on Tuesday delivered the most eagerly awaited verdict of a probe, saying that the major oil companies were guilty of having reached an understanding to withdraw a typ...
Managers Look For Quality First When Choosing Fuel
The main criterion used by more than 60% of company managers to decide on a fuel product for their business is quality, but 44% of them are unhappy with the prices, says a survey by consulta...
Electricity Consumption On Path To Reach 20-Year Peak
In a highly volatile time, when global markets are moving from growth to decline in minutes, only to have the emotional roller coaster go back again, the consumption of power, fuel or gas re...
Petrom Posts Stronger Results Despite Falling Fuel Demand
OMV Petrom (SNP.RO), the largest Romanian company, reported rising financial figures again though the market was characterized by shrinking fuel demand. Price hikes offset the consumption de...
RATB Wants To Quench Its Fuel Thirst With EUR100M
Bucharest’s public transportation corporation (RATB) is trying to secure its necessary fuel volumes for the next four years through a contract worth over EUR100 million, a company announceme...
Cheapest filling stations in Bucharest. The gap between a fill-up in Ferentari and one on Calea Dorobanților: 10 lei
Prices at the almost 50 gas stations owned by market leader Petrom (SNP.RO) in Bucharest vary from one station to the next, with savings that can be made between a fill-up at the most expens...
Petrom Sets Tone For New Fuel Price Hikes With RON0.09 Raise
Romania’s largest oil company OMV Petrom (SNP.RO) Friday raised its gasoline and diesel oil pump prices by 0.09 lei (EUR1=RON4.2065) per liter, which could trigger similar increases from oth...