Fuel prices will follow the trend of the price of a barrel of oil on the international market and will rise next week. From Monday, January 17, both diesel and petrol will cost more at gas stations in Portugal.
In the case of plain diesel fuel, prices are expected to rise by about 2 cents per liter to 1.567 euros per liter, according to Negosios’ calculations. Regular gasoline 95 has risen in price by about one cent per liter, to 1718 euros, following the trend of recent weeks.
This increase comes at a time when the price of a barrel is starting to “cross the red line,” leading China and the US to agree that Beijing will provide more crude oil supplies from Feb. 1 to slow growth. quotes.
In 2021, gasoline prices rose by 19% and diesel by 21%, mainly due to oil prices rising by more than 50% in major international markets – the biggest annual increase since 2009. It was the year of the pandemic. , albeit not for long. However, the omicron option is less daunting in terms of impact on energy demand.
For 2022, oil price growth uncertainty reigns, with analysts pointing to a support line at $75/bbl and a resistance line at $85 for North Sea Brent, and those pointing to quotes in three-digit order , as was the case with Bloomberg Intelligence.
West Texas Intermediate (WTI), the US benchmark for February delivery, rose 0.16% to $82.25 a barrel by Friday afternoon. London-traded Brent crude for the North Sea in February, which is a benchmark for European imports, rose 0.41% to $84.22.
Portuguese drivers will pay more taxes in 2022
Here, this year, drivers should expect an ISP cut on January 31, 2022, and a carbon tax freeze in March.
Regarding the carbon tax, the Portuguese Association of Petroleum Companies (Apetro), contacted by Negócios, estimates that fuel for on-road use could be affected by “an increase of 4 to 5 cents per liter (excluding VAT) after March 2022 from -for a 78% increase in the cost of CO2 permits compared to the previous period.”
The calculations are based on the evolution of these two derivatives of oil (diesel and gasoline) and the euro. But the cost of fuel at a gas station will always depend on each gas station, brand and area where it is located.
The new prices take into account the deviations calculated by Negócios in relation to the average price in force in Portugal this week and announced by the Directorate General of Energy and Geology (DGEG).
