Fuel prices are expected to see some decline next week after eight consecutive increases. The cost of regular diesel fuel is expected to fall by one cent per liter, while the cost of gasoline is expected to fall by only 0.5 cents per liter, an industry source told Negosios.
Thus, as of next Monday, September 4, the average price of diesel fuel charged at filling stations should be 1.714 euros per liter and 1.852 euros per liter of gasoline, based on prices valid this week and published by the Directorate General of Energy. The amounts charged for pumps are currently at their highest level this year.
This downward revision, expected next week, comes even as oil is about to end the week higher. due to prospects that Russia will extend the reduction in crude oil exports and also new support from China, the world’s largest oil importer, to stimulate the economy..
For the week, West Texas Intermediate (WTI) oil, traded in New York, has already risen in price by more than 4%, while North Sea Brent has risen in price by more than 3%. If the trend continues, oil could close the biggest weekly gain since April.
Average daily prices are determined by the Main Directorate of Energy and Geology. (DGEG) based on prices reported by gas stations, weighted by the volumes sold in the last known period, taking into account discounts practiced at gas stations, such as transport cards and others.
Author: business magazine
Source: CM Jornal
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