OMV Petrom revises mid and long-term price assumptions
(World News Austria)

OMV Petrom revises mid and long-term price assumptions Non-cash net impairments of around RON 350 mn after tax, triggered by revision of price assumptions OMV Petrom integrated business model proves its benefits OMV Petrom, the largest energy company in Southeastern Europe, has revised its planning assumptions to reflect changes in the market environment. In Upstream, the long-term Brent oil price assumptions are now reduced to USD 60/bbl, compared to USD 75/bbl applied before. The detailed Brent oil price assumptions are as follows: For 2021, the company expects a continued macroeconomic impact of the COVID-19 pandemic and...