On Monday, the price of diesel is expected to decrease by one cent, while the price of gasoline is likely to remain unchanged, as per the forecasts released on Friday by the Automobile Club of Portugal (ACP).
“After a week in which both gasoline and diesel saw their prices drop, in the coming week [this week now beginning] only the price of diesel is expected to change,” stated the ACP website.
Thus, “if these predictions for the upcoming week are confirmed, the average price of standard diesel will be set at 1.539 euros, and that of standard gasoline 95 will remain at 1.70 euros.”
“It should be noted that these forecasts are made based on the assumption that the government’s extraordinary fiscal reduction measures will continue, to mitigate price hikes,” adds the ACP.
Where are the cheapest gas stations?
According to the most recent data released by DGEG on the Fuel Prices Online website, these are the most economical fueling stations:
The cheapest fueling stations in the country© Reprodução do site da DGEG
To find the cheapest fueling stations near you, you can visit this link and select the ‘filter by municipality’ option at the top, then click on the respective district from the list presented. Finally, you should select the municipality you want to consult, as well as the type of fuel.
End of ISP discounts? Government working on a solution
The Finance Minister assured that the Government is working on a solution to the end of discounts on the tax on petroleum products and energy (ISP), as recommended by the European Commission, which will not raise fuel prices.
“We will look for moments of price reduction to reverse these discounts,” stated the Minister of State and Finance, Joaquim Miranda Sarmento, who presented the State Budget proposal for 2026 today in Lisbon.
The minister noted that this issue has been raised by the European Commission since 2023, being “the only remark” the institution made in the assessment of the Medium-Term Fiscal Program in October last year, and in a new letter received in June, urging the Government to end the ISP discounts.
The Minister of Economy and Territorial Cohesion, Manuel Castro Almeida, had already admitted a few days ago, “adjustments” in fuel prices.
“The position the Government took last year was to only make adjustments when there is a drop in gasoline prices, so people do not feel they are paying more for gasoline due to tax increases,” indicated Castro Almeida, although highlighting that it would be “unthinkable to do it all at once.”
The Government estimates that revenues from the tax on petroleum products and energy (ISP) will rise by 187 million euros to 4.254 million euros, according to the State Budget proposal for 2026 presented today.
“This growth results from the expected growth in private consumption,” the document reads.
The second budget drafted by the financial team led by Joaquim Miranda Sarmento, whose proposal has already been approved by the Council of Ministers, will be discussed generally at the end of the month, with a final global vote scheduled for November 27.
