OMV Petrom Q1/22 Trading Update

Source: www.gulfoilandgas.com 4/8/2022, Location: Europe

This trading update provides basic provisional information on the economic environment as well as OMV Petrom Group's key performance indicators for the quarter ended March 31, 2022. The OMV Petrom Group's results for Q1/22 will be published on April 29, 2022. The information contained in this trading update may be subject to change and may differ from the final numbers of the quarterly report.

In Q1/22, the indicator refining margin increased significantly due to the exceptional geopolitical context, which led to unprecedentedly high Brent-Urals differentials and high international product quotations. However, our retail and commercial margins were significantly lower due to our moderate pricing policy.


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