There is good news for Portuguese drivers: fuel prices will fall this week, albeit slightly: “the evolution of quotations in euros indicates a price drop of one cent per liter for petrol and diesel “, said a source from one of the main national oil companies to Multinews.
The trend is also repeated at private label petrol stations – which normally operate alongside hypermarkets – and they report “an increase of 0.0077 euros for petrol and a ‘sharp’ drop of 0 .0156 euro for diesel,” said another source.
Thus, since the beginning of the year, 12 weeks of decline have already been recorded for gasoline 95, contradicted by the 20 weeks of increase. In diesel, this is the 14th drop since January, even if the 17 increases already recorded in 2022 must be taken into account.
Regarding gasoline, the 95 will be the 10th consecutive week to fall, according to the General Directorate of Energy and Geology (DGEG). In the case of diesel, it will be the eighth. Gasoline is already at pre-war values in Ukraine, although diesel has not yet reached that level.
Since the beginning of the year, the price of diesel has increased by 18 cents per litre, while that of gasoline has become more expensive by 21 cents. This means that filling a 60 liter tank of diesel next week will cost 10.8 euros more than in January. To refuel at 95, it takes 12.6 euros more than the first week of the year.
The latest fuel bulletin from the European Commission indicates that Portugal has the 13th most expensive gasoline 95 of the 27 countries of the European Union. Diesel occupies the 21st position in the European ranking. According to official data from Directorate General for Energy and Geology (DGEG), disclosed on their page, the average price of simple gasoline 95 is currently 1,794 euros per liter. A liter of diesel is worth 1,735 euros.