Next week diesel will fall to the lowest value of 2024.
The month of June was good for the pockets of Portuguese motorists and from next Monday a further drop in fuel prices is expected – and this time in a “generous” way.
“The evolution of prices in euros indicates a drop of 3 cents per liter for 95 petrol and 3 cents for diesel”, a source from one of the main national oil companies explains to “Executive Digest”.
Prices at gas stations near hypermarkets follow the same line. “Next week’s trend will be a drop of 0.0292 euros for petrol 95 and 0.0269 euros for diesel,” says another source.
Diesel will record, after a further decline next week – it will be the 9th consecutive week of decline – its lowest value in 2024: in this period, the price fell from 1.644 to 1.521 €/litre, 12.3 cents in less. In the case of 95 petrol, this will be the 7th consecutive week with a reduction in the bill – from €1,821 to €1,715/litre, 10.6 cents less. We remind you that the lowest value recorded this year dates back to January 1st, when 95 petrol was worth €1.643/litre.
Since the beginning of the year, the price of diesel per liter has decreased by 1.6 cents: the scenario is different in the case of 95 petrol, which has become more expensive by 9 cents. This means that filling up 60 liters of diesel costs almost a euro less. To fill up with 95 petrol you need 5.4 euros more than in the first week of January.
Data from the General Directorate of Energy and Geology (DGEG) shows that the average price of a liter of petrol 95 in Portugal currently costs 1,729 euros, while diesel is worth 1,549 euros.
However, prices may vary from one petrol station to another, as the price set online also takes into account the level of competition, supply and demand in each market, as well as the level of fixed costs at each station.
