#Fuel #prices #cheaper #starting #today #Executive #Digest
The week starts with good news for Portuguese drivers. Fuel prices will fall this Monday: “The evolution of prices in euros points to a drop in prices by 2 cents per liter for gasoline and 0.5 cents per liter for diesel”, said a source from one of the main oil companies national publications to Executive Digest.
Prices at gas stations next to hypermarkets follow the same line. “Next week’s trend [esta semana] it will be a reduction of 0.0215 euros in gasoline and a reduction of 0.0058 euros in diesel”, said another source.
Filling up the tank with gasoline now costs 11 euros more than in January
Since the beginning of the year, the price of diesel has increased by 4 cents per liter while gasoline has become 18 cents more expensive. This means that filling a 60 liter tank of diesel costs 2.5 euros more than it did 15 weeks ago. To top up a gas tank, it takes 11 euros more than in the first week of January.
Data from the General Directorate of Energy and Geology (DGEG) show that the average price of a liter of gasoline in Portugal currently costs 1,822 euros while diesel is worth 1,606 euros. Quotes may, however, vary across gas stations, as the price set on the network also takes into account the level of competition, supply and demand in each market and the level of fixed costs at each station.
Portugal is the 8th country with the most expensive gasoline in Europe
In the most recent bulletin from the European Commission, Portugal is in eighth place among the countries with the most expensive gasoline in EU countries, 1 cent above the European average and 14 cents more expensive than in Spain. Diesel occupies 16th position.
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 90.2 cents, that is, less than the 92.1 cents in Spain.
Among EU countries, Denmark has the most expensive 95 gasoline on the Old Continent: 2,098 euros. Finland ‘reigns’ in diesel: 1,875 euros.
The 5 cheapest gas stations
Simple gasoline 95
ALHAIS COMBSANTS
1,229 €/liter
Transforpel Combustíveis Chão de Sapo
1,605 €/liter
INTERMARCHE VILAR FORMOSO
1,659 €/liter
Transforpel Fuels Martingança Shims
1,667 €/liter
Transforpel Combustíveis Marinha Grande
1,667 €/liter
Simple diesel
BP OCTOBER 5
1,174 €/liter
Intermarché Miranda do Douro
1,509 €/liter
INTERMARCHE VILAR FORMOSO
1,509 €/liter
Socrabine EN 10, Setúbal
1,509 €/liter
INTERMARCHÉ Viseu
1,519 €/liter
