Increase in fuel prices

Increase in fuel prices
Increase in fuel prices

The evolution of the euro quotations indicates an increase in prices of up to 1 cent per litre for 95 petrol and half a cent per litre for diesel”, a source from one of the main national oil companies told “Executive Digest”.

Along the same lines, prices at petrol stations near hypermarkets follow the market trend, with an “increase of 0.0078 euros for petrol and 0.0035 euros for diesel”, another source said.

This is the third consecutive week of increases, which puts an end to the general decline that has characterized the last few weeks: in this period, 95 petrol went from 1.702 euros/litre to 1.726 euros/litre; diesel went from 1,523 euros/litre to 1,585 euros/litre. In other words, in the last three weeks Portuguese motorists have seen their bills increase by 1.44 and 3.7 euros respectively. The situation will worsen starting from next Monday, the date of update of fuel prices.

DGEG data shows that the average price of a liter of pure diesel in Portugal currently costs 1,585 euros per litre, while that of pure 95 petrol is worth 1,726 euros.

The latest fuel bulletin from the European Commission indicates that Portugal has the 9th place among the most expensive fuels in Europe, around 0.9 cents less than the European average and 11 cents more than Spain. Diesel occupies 12th place in the European ranking of the most expensive.

Among the EU countries, Denmark and the Netherlands have the 95% most expensive petrol in the Old Continent: 2,018 and 2,004 euros respectively. Denmark also stands out for the most expensive diesel in the EU, at 1,759 euros.

 
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