Erste: Petrom To Get Boost From Brent Oil Price Hikes

03.05.2012 By Andrei-Gabriel Circhelan

The average price of Brent oil will rise to $123 per barrel this year, compared to $111 per barrel last year, which is good news for oil companies such as OMV Petrom (SNP.RO), an Erste Group Bank (EBS.RO) analysis showed Monday.

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Keywords:
BRENT OIL
, PETROM
, ERSTE