The price of fuel in Portugal will accelerate again next week, with a projected increase of around ten cents per liter, with gasoline costing around 1.88 euros and diesel at around 1.94 euros in average values — with there being stations where diesel fuel could already exceed two euros per liter.
The definitive values will vary, depending on the location and filling station, but consumers will always have the possibility of checking the cheapest filling station on the Directorate-General for Energy and Geology (DGEG) platform.
This new increase follows recent increases — 19 cents on diesel and 7 cents on gasoline recorded last week.
The trend was, however, mitigated by the Government in the case of diesel, through an exceptional discount on the Tax on Petroleum Products (ISP), which prevented a rise that could have reached 25 cents.
This rise in prices is related to the deterioration of the geopolitical situation in the Middle East and the blockage of the Strait of Hormuz, which has put pressure on international energy markets.
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