Picture of Petrol logo

PET — Petrol News Story

0.000.00%
bg flag iconLast trade - 00:00
EnergyHighly SpeculativeMicro CapNeutral

Bulgarian watchdog says has proof of fuel price-fixing

SOFIA, Oct 13 (Reuters) - Bulgaria's anti-monopoly 
commission said on Thursday it had evidence that six oil firms 
operating in the Balkan country's retail fuel market were 
involved in cartel agreements on fuel prices. 
    On Monday, the commission accused the Bulgarian units of 
Lukoil  LKOH.MM , Royal Dutch Shell  RDSa.L , OMV  OMVV.VI , 
Hellenic Petroleum  HEPr.AT , Gazprom Neft  SIBN.BB  and 
Bulgarian Petrol  5PET.BB , saying they had collaborated to fix 
retail prices of diesel and gasoline.  urn:newsml:reuters.com:*:nL8N1CG2QB 
    "We have convincing evidence (of a cartel agreement)," said 
Julia Nenkova, the commission's chairperson. 
 
 (Reporting by Angel Krasimiros; writing by Radu Marinas; 
Editing by Susan Fenton) 
 ((radu.marinas@thomsonreuters.com; +40 21 305 5263; Reuters 
Messaging: radu.marinas.thomsonreuters.com@reuters.net)) 
 
Keywords: BULGARIA FUEL/PRICEFIXING

Recent news on Petrol

See all news