Romania’s OMV Petrom Hikes Pump Prices By RON0.06/Liter

Romania’s largest oil company OMV Petrom (SNP.RO) raised Wednesday its gasoline and diesel oil pump prices by 0.06 lei (EUR1=RON4.1092) per liter, the second increase in the past few days, following the increase of international quotations for crude oil products.

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On Saturday, Petrom raised its gasoline pump prices by RON0.06 and diesel oil prices by RON0.03.

Thus, as of Wednesday, one liter of unleaded Premium gasoline costs RON4.14, while one liter of unleaded Top Premium 99+ can be bought with RON4.51 per liter.

One liter of OMV Carrera 95 and of OMV Carrera 100 now cost RON4.28 and RON4.91, respectively.

The Top Nordic Diesel can be bought with RON4.07 per liter, while one liter of OMV Sprint Diesel costs RON4.11 per liter as of Wednesday.

The price of Euro Diesel 5 and OMV Alpin Diesel rose Wednesday to RON3.9 per liter and RON4.4 per liter, respectively.

Petrom is the largest corporation in Romania and the largest gas and oil producer in Southeastern Europe. In December 2004, Petrom was taken over by Austria's OMV AG (OMV.VI).

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