On Monday, June 15, Eugenia Gusilov discussed with Andrei Bratucu from Follow the Money about developments in the crude oil market and the expectations surrounding the Memorandum of Understanding signed by the US and Iran. The prevailing sentiment is one of cautious optimism, given the leadership approach observed since the conflict began.
Markets are reacting positively, with Brent crude trading around $80 per barrel. Globally, the situation is supported by China, which reduced its crude oil imports in May below 8 Mb/day compared to 11.8 Mb/day in the first quarter of 2026, easing price pressures.
On the Romanian market, the key recent trend is the competition between Petrom and Rompetrol to offer the best prices. While Petrom held the lowest price position for a long time, it is increasingly challenged by Rompetrol, operator of Romania's largest refinery.