ERSE: average weekly price drops 1.2% for gasoline and 1.5% for diesel

ERSE: average weekly price drops 1.2% for gasoline and 1.5% for diesel
ERSE: average weekly price drops 1.2% for gasoline and 1.5% for diesel
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The average weekly price calculated by the Energy Services Regulatory Authority (ERSE) registered a decline of 1.2% for gasoline and 1.5% for diesel, the most used fuel in Portugal.

According to the ERSE report, released this Monday, the efficient price registered an update, ” taking into account the weekly variation in international prices for simple 95 gasoline by – 2.5% and simple diesel fuel by – 3.2%.

This way, “for the week of May 6th to 12th, the Efficient Price before taxes is €0.897 per liter for simple 95 gasoline and €0.856 for simple diesel. After taxes, the Efficient Price is €1,814 per liter, for simple 95 gasoline, and €1,598 for simple diesel”.

It should be remembered that the efficient price “is an average weekly price estimated 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 gantries, and reported at the Unified Energy Counter, were 1.7 cents per liter above the Efficient Price, that week, in the case of simple 95 gasoline, and 3. 9 cents, above in the case of simple diesel”.

In percentage terms, “simple 95 gasoline was advertised on the gantries at 0.9% above the Efficient Price and simple diesel was advertised at 2.4% above”according to the ERSE report.

The article is in Portuguese

Tags: ERSE average weekly price drops gasoline diesel

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