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Fuel prices to fall on Monday

Fuel prices will fall next Monday after three weeks of growth. According to preliminary information from industry sources, diesel fuel may be discounted by about eight cents per liter, while gasoline should cost four cents less. The fall in the cost of a barrel of oil and petroleum products is indicated as factors that will allow consumers to save on refueling cars.

Based on the average prices practiced nationally over the past week, according to data published by the Directorate General of Energy and Geology, which already includes card discounts, a liter of diesel fuel should be sold at 1,573 euros next month. a week, while regular gasoline 95 could be installed at 1.705 euros per liter. It should be noted that these are averages, as commercial policies differ depending on brands or gas stations.

The price of a barrel of Brent oil, which serves as a benchmark for Portugal, is almost always trading below $85 this week, falling to its lowest levels in the last three weeks. Doubts about China’s economic recovery and rising interest rates have undermined confidence in increased demand for so-called black gold, analysts say.

TO LEARN MORE
END BURN IN 2035
To cut carbon emissions, the European Union will not allow the sale of vehicles with internal combustion engines after 2035 unless carbon dioxide-free synthetic fuels are developed.

ONLY 1.5% OF ELECTRIC VEHICLES
According to industry data, only 1.5% of all vehicles on European Union roads are 100% electric. The industry estimates that by 2030 it will reach the goal of 25% electric vehicles in the countries of the community.

Author: Joao Maltese
Source: CM Jornal

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