According to a Bucharest Stock Exchange report, the average price of Brent crude oil fell by 11.4% to $74.73 per barrel in Q4/2024 from $84.34 per barrel in Q4/2023. At the same time, the overall hydrocarbon sales volume reached 102 thousand barrels of oil equivalent per day, 3.5% lower year-on-year.
Total sales of refined products decreased by 4.6% year-over-year to 1.44 million tons. Natural gas sales to third parties advanced 10.2% to 9.79 TWh, while the net electricity production at the Brazi power plant (Prahova County) declined to 1.34 TWh from 1.71 TWh.
OMV Petrom shares have traded up 24% over the last 12 months. The company has a market capitalization of RON45 billion.