Oil Price Decline Had No Effect On Fuel Prices In Romania

10.19.2011 By Roxana Petrescu

The price of the oil barrel has fluctuated heavily in 2011; from a peak of $114.53 in April, it plunged to $76.39 at the beginning of October. This trend, however, did not induce any response in the oil companies in Romania, so that fuel became only 4% cheaper while the oil barrel moved from peak to valley.

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Keywords:
PETROM
, GASOLINE
, DIESEL
, FUEL PRICES
,