Fuel prices next week | February 12th to 18th

by time news

Gasoline | +0.5 cents

According to industry sources, the Average diesel prices are expected to rise by 1 cent and gasoline prices by 0.5 cents per liter.

According to the General Directorate of Energy and Geology (DGEG), the average price of a liter of gasoline in Portugal last Thursday (February 8) was 1,697 euros while diesel was worth 1,635 euros. It is also possible to verify that, Compared to November 1st, current prices reflect a reduction of 7 cents for gasoline and 6.4 cents for diesel.

If forecasts for next week are confirmed, the average price of simple diesel should be set at €1.645/l while the give simple gasoline 95 should rise to 1.702 €/l.

It should be noted that these forecasts are made based on the assumption that the extraordinary tax reduction measures applied by the government will be maintained to mitigate the increase in prices.

Fonte: DGEG

The measures in force include the reduction of the ISP (which is equivalent to a VAT reduction of 23% and 13%), the compensation mechanism through which the ISP is reduced in relation to additional VAT revenue and the suspension of the rate update of carbon.

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These translate into a discount of 25 cents per liter of diesel and 26 cents per liter of gasoline.

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