Petrol and diesel oil prices were raised by over 20% in thefirst two months of this year compared with the similar period of2010, but oil companies say volumes were down by up to 5%, althoughpump prices were hiked on six occasions, mainly because of the oilprice highs.
The average petrol price between January and February 2011 was22% higher than in the first two months of 2010, while one litre ofdiesel oil was 28% more expensive in the same period. "We estimatea slight decline in the volume of fuel sales in January-February2011 against the similar period of last year, of up to 5%," sayrepresentatives of MOL Romania, the local subsidiary of Hungarianoil group MOL. The company has an 11% market share with a 126petrol-station chain.
MOL estimates show that fuel sales continued the trend recordedlast year, when the petrol and diesel oil sales decline amounted to5%, according to the latest statements from market players.
MOL Romania did see a lower volume of sales last year, but thedecline was less than the market average, of 2%. The company'sturnover, however, went up by over 20%, to 560 million euros.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
