Fuel consumption increased 31.1% in June

Deepak Gupta August 17, 2022
Updated 2022/08/17 at 8:43 AM

According to the Bulletin of the Fuel and LPG Market recently published by ERSE, “consumption [de combustíveis derivados de petróleo] in June 2022 it was 31.1% higher (+82.48 kton) than the same period in 2021”.

The most significant increase was seen in the consumption of aircraft fuel (‘jet fuel’), with a year-on-year rise of 119.9%, followed by gasoline (+3.3%) and diesel (+1.5 %).

Fuels: diesel and gasoline, in June, there were increases of 7.4% and 8.5%

Fuel consumption increased by 31.1% in June compared to the same period last year. The data were revealed by the Energy Services Regulatory Authority (ERSE), in its Bulletin of the Fuel and LPG Market available here.

As mentioned, the most significant increase was seen in the consumption of aircraft fuel ('jet fuel'). Only the consumption of liquefied petroleum gas (LPG) decreased by 10.1% in June compared to the same month in 2021.

Compared to the same period in 2019, before the SARS-CoV-2 pandemic, consumption in June this year was lower, with a decrease in LPG and 'jet' (-4.4% in both), and in diesel (-3.4%) and only an increase in the case of gasoline (+2.7%).

Compared to May, global consumption of oil-derived fuels decreased by 65.35 kton, which represents a decrease of 9.2%.

Regarding the average selling prices of diesel and gasoline to the public, in June, there were increases of 7.4% and 8.5%, respectively, compared to the previous month, to 2,034 and 2,169 euros per litre, respectively.

Fuel consumption increased 31.1% in June

In the case of diesel and gasoline, Braga, Castelo Branco and Santarém registered the lowest prices, in mainland Portugal, while Beja, Bragança and Lisbon presented the highest prices.

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