Diesel will finally drop next week! Find out how much…

Deepak Gupta June 24, 2022
Updated 2022/06/24 at 3:35 PM

In the last five weeks, the Portuguese have seen an increase in the value of diesel. The price of this fuel even reached historic values, having exceeded 2 euros per litre.

Now there is information that diesel may finally come down next week. In addition to diesel, gasoline should also go down.

Diesel should drop 3 cents and gasoline 1 cent

After 5 weeks of rising, diesel will finally come down. According to a source in the sector contacted by Multinews, at the main national oil companies “the guideline is for a drop in the price of diesel by up to three cents per litre. In the same sense, gasoline should be up to 1 cent cheaper”.

Regarding the ISP, the Government determined an additional reduction of the ISP of 1.2 cents on gasoline and 0.4 cents on diesel starting this Monday.

It should be noted that a month ago, a liter of gasoline cost 25 cents more than diesel. Currently, the difference is only 1.1 cents for simple fuels and 0.1 cents for special fuels.

The data of Directorate-General for Energy and Geology (DGEG) show that the average price of a liter of simple diesel in Portugal currently costs 2,080 euros per litre, while that of simple gasoline 95 is worth 2,121 euros. The most recent bulletin on fuels from the European Commission indicates that Portugal has the 9th most expensive gasoline 95 of the 27 countries of the European Union. Diesel, on the other hand, occupies the 10th position in the European ranking.

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