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Romania’s Petrom Cuts Gasoline, Diesel Oil Prices

Romania’s largest oil company Petrom SA (SNP.RO) cut Monday gasoline prices by 0.03 lei (EUR1= RON3.9497) per liter and diesel oil prices by RON0.08, the company said in a statement.
Romania’s Petrom Cuts Gasoline, Diesel Oil Prices
22 dec. 2008, 12:12, English

Unleaded Premium 95 gasoline will cost RON2. 8 per liter, while the price of one liter of unleaded Top Premium 99+ gasoline will be RON3.13 per liter. One liter of OMV Carrera 95 and of OMV Carrera 100 will cost RON2.9 and RON3.53, respectively.

One liter of Top Euro Diesel 4 will cost RON3.24, while one liter of OMV Sprint Diesel, Euro Diesel 4 and OMV Premium Diesel will cost RON3.31, RO3.18 and RON3.59, respectively.

According to Petrom’s pricing strategy, pump prices may vary by +/- 5% compared with reference prices.

Petrom, majority owned by Austria’s oil group OMV, owns the largest gas station network on the Romanian market, totaling approximately 450 units.