“There are situations when the leu drops and the foreign currency rises. We will lift the price for fuel. I cannot work on minus, right? Otherwise, I should shut down filling stations”, said Constantin Tampiza, quoted by NewsIn.

On Friday, the local currency plunged to 4.25 against euro, before 18:00. At 18:15, the banks were buying euro at 4.2420 lei and sell it at 4.2510 lei.

LukOil company, Russia’s second largest oil producer is active in Romania via its subsidiary, LukOil Romania. LukOil Romania holds a roughly 300 filling station chain.