Higher oil price could affect the Romanian market

Romanian oil company officials have indicated that the recent international increase in the price of oil, which is rapidly approaching the $90barrel (63.52 eurosbarrel) psychological threshold, may significantly affect this year's profit and turnover, daily Business Standard reports. Lukoil Romania and Rompetrol are on the list of companies that could be negatively influenced by the rise in price per barrel. The General Manager of Lukoil Romania, Constantin Tampiza, said the rise in the ...

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