FR: The weekly average price falls by 1.5% for gasoline and 1.8% for diesel.

FR: The weekly average price falls by 1.5% for gasoline and 1.8% for diesel.
FR: The weekly average price falls by 1.5% for gasoline and 1.8% for diesel.

The Entidade Reguladora dos Serviços Energéticos (ERSE) revealed this Tuesday that the weekly average price of gasoline fell by 1.5%, while the price of diesel fell slightly by 1.8%.

According to the ERSE report, the efficient price has been updated, “taking into account the weekly variation of international prices for regular gasoline by -4.2% and for regular diesel, the most commonly used fuel in Portugal, by -4.8%”.

Thus, “for the week of June 10th to 16th, the Preço Eficiente before taxes is €0.814 per liter for regular gasoline and €0.806 for regular diesel. After taxes, the Preço Eficiente is €1,713 per liter for regular gasoline and €1,537 for regular diesel”.

It should be noted that the efficient price “is a weekly average price estimated by ERSE and is the sum of the following components: fuel prices in reference international markets and their maritime freight, primary logistics, including strategic and security reserves of the National Oil System, additional costs for the incorporation of biofuels , and the retail component increased by the respective taxes ».

Regarding the previous week, the report states that “the average of the Public Sale Prices announced on the signs, and reported in the Balcão Único da Energia, was 4.2 cents per liter above the efficient price for that week, in the case of regular gasoline, and 5.9 cents above in the case of regular diesel ».

In percentage terms, “the simple 95 petrol was announced on the portals at 2.4% above the Efficient Price and the simple diesel was announced at 3.6% above”according to the ERSE report.

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