The cost of fuel is set to rise this Monday, with diesel vehicle owners feeling the impact the most. Predictions have indicated this upward trend. There is, however, a way to mitigate these increases by refueling at more affordable stations, which will be explained further.
According to the forecasts released on Friday by the Automobile Club of Portugal (ACP), diesel prices are expected to increase by eight cents per liter, while gasoline prices could rise by three cents per liter.
If these predictions are confirmed, the average price for standard diesel would be set at 1.616 euros per liter, while that of standard gasoline 95 could rise to 1.722 euros per liter.
Where can you save? Follow this tip
According to data from DGEG, these are the most economical fuel stations in the country:
To find the cheapest fuel stations near you, access this link and select the ‘filter by municipality’ option at the top, then click on the respective district in the list provided. Finally, select the municipality you wish to consult, as well as the type of fuel.
Government says it is “monitoring the situation”
The Minister of State and Finance, Joaquim Miranda Sarmento, assured on Friday that the administration of Luís Montenegro is “monitoring the situation” concerning the rise in oil prices following the conflict in the Middle East, and will implement mitigation measures on diesel and gasoline prices “if necessary.”
“We are, naturally, monitoring the situation. In the last 10 days, the price of oil has increased, which is naturally reflected in the prices of gasoline and diesel. However, the current oil price is 72 or 73 dollars per barrel; it is far from what it was, for example, in 2022,” he explained, speaking to journalists on the sidelines of the ECOFIN meeting – the Economic and Financial Affairs Council of the European Union in Luxembourg.
He also noted that “gasoline and diesel are far from the prices of 2022, which led to the establishment of a set of energy support measures across Europe to reduce energy prices.”
The increase in oil prices occurs as the Middle East conflict continues to intensify, following a week of drone and ballistic missile attacks between Israel and Iran.
“We will monitor, see how the Middle East conflict develops, naturally hoping it can be resolved as quickly as possible, and depending on the future development of oil prices, we may or may not take action,” he guaranteed.
