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Fuel is getting more expensive this week.  Gasoline rises more

A drop in prices with a double dose of the Portuguese wallet. Find out how much you will pay to fill the deposit

For the first time in the past five weeks, diesel will follow a downtrend. The good news is that gasoline will follow the same path next week: According to an industry source contacted by Multinews, at the major NOCs, “the trend is to drop the price of diesel by as much as three cents per liter. In the same sense, gasoline should be 1 cent cheaper.”

Another source said privately-branded stations – which usually operate next to supermarkets – were repeating the trend and reporting “a decrease of €0.0077 for petrol and €0.0273 for diesel”.

Taking into account these moves, the government has set an additional ISP deduction of 1.2 cents on gasoline and 0.4 cents on diesel from Monday, which will be reflected in the easing of the tax burden, the Department of Finance reported.

This is the sixth decline in gasoline since the beginning of the year, although it has already registered 19 weeks of increase. With regard to diesel, there has been a seventh decline since January, “contrasting” the 17 increases in 2022. In this period, the price of diesel rose by 47 cents a liter, while the price of gasoline rose by 51 cents.

This means that filling a 60-liter tank with diesel costs €28.2 more than it did in January. To fill the gas tank, it takes 30.6 euros more than the first week of the year. Remember the fuel prices at the beginning of the year: €1501 for diesel and €1665 for gasoline.

On Monday, taking into account the announced interval, the bill proving the deposit of 60 liters of diesel will decrease by 1.8 euros. If you fill up the gas tank, you’ll save 60 cents.

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Data from the Directorate General of Energy and Geology (DGEG) show that the average price of a simple diesel liter in Portugal currently costs 2080 euros per liter, while the price of a simple gasoline 95 is equal to 2121 euros. The latest fuel bulletin from the European Commission indicates that Portugal has the 9th most expensive gasoline 95 out of 27 EU countries. Diesel occupies tenth place in the European ranking.