ERSE: weekly average price rises 1% for gasoline and falls 1.3% for diesel

ERSE: weekly average price rises 1% for gasoline and falls 1.3% for diesel
ERSE: weekly average price rises 1% for gasoline and falls 1.3% for diesel
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The average weekly price calculated by the Energy Services Regulatory Authority (ERSE) increased by 1% for gasoline and decreased by 1.3% for diesel, the most used fuel in Portugal.

According to the ERSE report, released this Tuesday, the efficient price registered an update, “taking into account the weekly variation in international prices for simple 95 gasoline by + 2.9% and simple diesel by – 1.8%”.

This way, “for the week of April 1st to 7th, the Efficient Price before taxes is €0.899 per liter for simple 95 gasoline and €0.902 for simple diesel. After taxes, the Efficient Price is €1,817 per liter, for simple 95 gasoline, and €1,655 for simple diesel”.

Remember that efficient pricing “is an average weekly price determined by ERSE and results from the sum of the following components: fuel prices in reference international markets and the respective maritime freight, primary logistics, including in this portion the strategic and security reserves of the National Petroleum System, the additional costs with the incorporation of biofuels and the retail component plus the respective taxes”.

In relation to the previous week, the report states that “it was found that the average Public Sale Prices announced on the portals, and reported at the Balcão Único da Energia, were 2.1 cents per liter above the Efficient Price, that week, in the case of simple 95 gasoline, and 2. 1 cent, above in the case of simple diesel”.

In percentage terms, “simple 95 gasoline was advertised on the portals at 1.2% above the Efficient Price and simple diesel was 1.2% above”according to the report.

The article is in Portuguese

Tags: ERSE weekly average price rises gasoline falls diesel

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