Economy

Fuel prices will rise again early next week.

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Fuel prices will rise again early next week. This time it should be about one and a half cents for both gasoline and diesel.

This cost was confirmed by an industry source SIC, who explained that the increase was due to higher prices for petroleum products in international markets at a time when fuel prices were already hitting record highs.

Diesel is up more than 3 cents this week and gasoline more than 2 cents.

This Wednesday, 1998 gasoline price was the highest in Portugal, exceeding € 2 per liter.

More than half of the amount paid for a liter of fuel goes to the state. The government has decided not to reduce the tax burden on fines for polluting fuels and says the solution is to change the profits of gas stations.

Typically, in Portugal, fuel prices are set on Mondays based on data from the last seven days.

“Any price change in the week before will affect the next week. Last month we had a $ 10 per barrel price increase and now we feel that increase, ”explained Pedro Silva, energy technician at DECO Proteste to SIC. …

However, it is not only the rise in oil prices that affects prices in Portugal. This week, gasoline costs an average of € 1 76 per liter.

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