OMV Petrom is trading 4% higher at RON 1.25 following the release of Q2 hydrocarbon production data and a supportive global oil price environment.
- The company reported an average Brent price of approximately $103 for the second quarter, providing a strong backdrop for regional energy sentiment.
- Geopolitical tensions in the Middle East continue to drive oil prices higher, further supporting the stock's upward momentum.
- This latest gain follows a recent rally where the share price climbed from RON 1.09 on July 2 to RON 1.20 on July 10.