From next Monday, October 20th, diesel will become 1.5 cents cheaper, while gasoline will maintain the same price, as was the case last week, reveals the Automóvel Club de Portugal (ACP), citing sources in the sector.
According to the General Directorate of Energy and Geology (DGEG), this Thursday, October 16th (most recent data available) the average price of a liter of diesel in Portugal cost 1.542 euros, while that of gasoline was worth 1.6978 euros.
If forecasts for next week are confirmed, the average price of simple diesel will remain at 1,527 euros and that of simple 95 gasoline will remain at 1,698 euros.
For its part, the daily bulletin from the National Entity for the Energy Sector (ENSE) reports this Friday a selling price to the public (obtained based on gantry prices announced by suppliers) of 1,744 euros per liter for gasoline and 1,606 euros per liter for diesel.
The portal price is the average price reported by operators of gas stations sold to the public at the Balcão Único da Energia, corresponding to the basic commercial offer, free from discounts, fleet cards and others.
These prices are both above the reference value calculated by ENSE for gasoline and diesel: 1,449 euros per liter and 1,363 euros per liter, respectively. Of these values, the largest portions relate to ISP, VAT and other taxes.
According to the ACP, the estimates presented are based on the assumption of maintenance of the extraordinary tax reduction measures applied by the Government to mitigate the increase in prices. Measures in force include reducing ISP and offsetting additional VAT revenue.
These forecasts also take into account the evolution of oil and refined product prices. In this Friday’s session, the price of a barrel of Brent oil – which serves as a reference for Europe – opened at 61.05 dollars, according to ENSE.
The post Diesel changes next week, gasoline remains unchanged: fuel prices from Monday appeared first on Veritas News.
