OMV Petrom: Fuel consumption will decrease by 10% this year and will not recover in 2021

Fuel consumption will fall by 10% this year due to the coronavirus pandemic, and demand will not return to pre-pandemic levels earlier than 2022, said Radu Caprau, OMV Petrom’s Downstream Oil director, said on Wednesday. “In the second quarter, the demand for oil products was strongly affected, which will be reflected in year-on-year decreases, even if we see a recovery trend in this period, better than we initially estimated. We believe ...

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