MGYOY Mol Magyar Olay Es Gazipari Rt (PK)

By Veronika Gulyas

BUDAPEST--Hungarian oil and gas company MOL Nyrt. (MOL.BU), Hungary's largest oil and gas firm by assets and market share, expects Brent oil prices to be in the $100-$110 range a barrel in 2013, MOL Group's chief financial officer said Tuesday in a conference call after the company published its first-quarter results late Monday.

Jozsef Simola expected a slight deterioration in gasoline and diesel crack spreads in 2013 compared to average levels in 2012. He forecast average gasoline crack spread between $120-$160 per metric ton compared with $190 in 2012, and diesel crack spread between $100-$140 a ton compared to $130 a ton a year earlier.

Hydrocarbon output is estimated at 110,000 barrels of oil equivalent a day this year, which compares to 118,500 on average last year.

Write to Veronika Gulyas at veronika.gulyas@dowjones.com

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