There is good news for Portuguese drivers: fuel prices will fall this week, albeit slightly: “the evolution of quotations in euros points to a price decrease of one cent per liter for both gasoline and diesel”, said a source from one of the main national oil companies to Multinews.
The trend is also replicated at private-brand service stations – which normally work next to hypermarkets – and they report “an increase of 0.0077 euros in gasoline and a ‘sharp’ decrease of 0.0156 euros in diesel”, said another source.
Thus, since the beginning of the year, 12 weeks of decline have already been registered with regard to gasoline 95, contradicted by the 20 weeks of increase. In diesel, this was the 14th drop since January, although we have to take into account the 17 rises already recorded in 2022.
Regarding gasoline, 95 will be the 10th consecutive week to decline, according to the Directorate-General for 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 liter, while that of gasoline has become 21 cents more expensive. This means that filling a 60-liter tank of diesel next week will cost 10.8 euros more than in January. To top up a tank of 95 petrol, it takes 12.6 euros more than in the first week of the year.
The most recent 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 at 1,794 euros per litre. A liter of diesel is worth 1.735 euros.