The average realized crude price climbed significantly, to $70.77 per barrel, from $54.66 in the fourth quarter of 2025 and $66.11 in the first quarter of 2025. The refining margin stood at $14.31 per barrel, down from $16.75 per barrel in the previous quarter, with a 98% refinery utilization rate. Sales of refined products rose by 11% from last year, to 1.33 million tons, though they went down by 8% from the previous quarter.
Gas sales to third parties rose by 21% year-on-year, to 12.44 TWh, and electricity output increased by 33% to 1.63 TWh. The company warns that due to sharp rise in market quotations for fuel products, retail and commercial margins were significantly lower in Q1/26 both yoy and qoq.
Since the start of the year, OMV Petrom shares have inched up by 1.31% amid deals totally worth over RON1.36 billion.
(English version by Catalina Apostoiu)