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November 15, 2019
BUSINESS

UNTRR denounces new fuel price hike

The National Union of Road Hauliers from Romania (UNTRR) calls attention, by a release, to fresh irregularities on the oil market: OMV Petrom hiked once again fuel prices to cover the costs of the fine dealt by the Competition Council (CC). Since the beginning of the year, OMV Petrom raised diesel prices three times, which led to a total hike of RON 0.26/ litre. Out of this total hike, only the sum of RON 0.08/litre can be accounted for by the tax hikes which came into force on January 1, 2012, according to the report published by UNTRR on December 30, 2011.  “Given that the price of oil on the international market is stable, we deem the RON 0.16/litre-difference an unwarranted and abusive hike of diesel prices, by which the company OMV Petrom is shifting the burden of the fine it received from CC unto road hauliers – the only possible explanations for this hike,” the UNTRR release further reads. At the same time, as the leader of the fuel market, OMV Petrom influences the actions of the other major players of this market, such as Rompetrol and Lukoil, which unwarrantedly raised diesel prices by up to RON 0.17/litre this year.

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