oil price

A high inflation rate generally has negative effects on the economy and society by reducing the purchase power of income, discouraging saving, reducing investments, increasing production costs, but there are certain economic actors who benefit from high inflation...

OMV Petrom (stock symbol SNP) posted a net profit of 619 million lei (attributable to shareholders), 113% higher in the first quarter of 2017 than in the same period of the last year, according to the quarterly report...