find out how much more you will pay – Executive Digest

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A week after the drop in fuel prices, from next Monday get ready for a ‘bittersweet’ feeling: this is because, although diesel continues its recent downward trend, gasoline is back on the rise. In common? These are slight changes in prices. “The evolution of prices in euros points to a rise in prices of up to 0.5 cents per liter for 95 gasoline and a drop of 1 cent per liter for diesel,” a source from one of the main national oil companies told ‘Executive Digest’.

In the same vein, prices at gas stations next to hypermarkets will follow the market trend, with an “increase of 0.0053 euros in gasoline and a decrease of 0.0097 euros in diesel”, said another source.

Data from the General Directorate of Energy and Geology (DGEG) show that the average price of a liter of straight diesel in Portugal currently costs 1.637 euros per liter, while that of straight 95 gasoline is worth 1.726 euros.

According to data from DGEG, this will be the third time in 2024 that diesel has dropped in price: even so, diesel has risen 7.3 cents this year. Gasoline did not continue its ‘debut’ in declines seen last week, which put an end to a sequence of nine consecutive weeks of increases – in 2024, gasoline went from 1.643 euros/liter to 1.727 euros/liter, plus 8.4 cents.

So, from next week, filling the car with 60 liters of diesel will be almost 3.78 euros more expensive compared to the beginning of the year: filling the tank with gasoline will cost another 5.34 euros over the same period.

The most recent fuel bulletin from the European Commission indicates that Portugal has the 8th most expensive 95 gasoline in Europe, around 6 cents below the European average and 12.2 cents more expensive than in Spain. Diesel occupies 15th position in the European ranking.

The price difference between Portugal and Spain results from the tax burden, since, without taxes, the price of gasoline is cheaper in Portugal. Without the tax burden, each liter of 95 gasoline in Portugal would cost 82.5 cents, that is, less than the 85.4 cents in Spain.

Among EU countries, Denmark has the most expensive 95 gasoline on the Old Continent: 2,006 euros. Finland ‘reigns’ in diesel: 1,868 euros.