Fuel prices to rise again this week

According to a report released by the regulator on Tuesday, the average weekly fuel price calculated by the Energy Services Regulatory Authority (ERSE) will rise 3% for gasoline and 2.6% for diesel this week.

According to the ERSE Weekly State Sales Price Surveillance Report, for the week of January 2-8, the effective price (average weekly price) before tax is €0.841 per liter of 95 petrol and €1.012 per liter of diesel fuel.

After taxes, the price is 1681 euros per liter of petrol 95 and 1681 euros per liter of diesel fuel.

According to ERSE, the average weekly price increased by 3% compared to the previous week for gasoline and 2.6% for diesel, taking into account the weekly change in world prices for direct gasoline 95 by +4.8% and diesel fuel by +2.7%, and due to the update of the surcharge associated with the inclusion of biofuels in gasoline 95 by +1% and regular diesel by +2.8% and the update of the value associated with the tax on petroleum products (ISP) of direct gasoline 95 by +3.2% and direct-flow diesel by +7.6%.

“Compared to the previous week, it was confirmed that the average public selling prices announced on the portals and published in Balcão Único da Energia were 3.1 cents/l higher than the effective price in that week in the case of plain 95 petrol, and 4. 5 cents/liter higher for a simple diesel,” the report says.

Percentage-wise, straight gasoline 95 was advertised on porticos at 1.8% above the effective price, and regular diesel was advertised at 2.7% above the effective price.

Also in relation to the previous week, ERSE refers to the fact that in relation to discount prices published by the Directorate General of Energy and Geology (DGEG), “95 plain gasoline showed a deviation of -1.5% compared to the effective price.” and simple diesel – 2.1%.

ERSE indicates that in absolute terms, “these estimates for 95 straight gasoline are at -2.5 cents/L and for straight diesel at -3.3 cents/L, below the corresponding Efficient prices.”