Pump prices drop at long last

In a long overdue and delayed reflection of the huge drop in the international oil price, the cost of petrol and diesel at Portugal’s pumps falls today by 5 and 3 cents a litre.
 
This is the biggest adjustment of the year in the price of petrol and the seventh consecutive week in which costs has crept lower, according to the Directorate General for Energy and Geology.

Supermarket cheapo petrol drop an average of two cents for diesel and four cents for petrol.

The reference price for a litre of petrol in Portugal is now €1.458 and for diesel is €1.185.

Prices vary depending on the petrol station and its location with already cheap supermarket prices dropping less than at big name brands such as Galp and Repsol.

Bringing relief to Portugal’s famers and fishing fleet, should ship captains decide to leave harbour despite the sardine ban, fishing and agricultural diesel is down three cents per liter to €0.47 and €0.67 respectively.

To find the cheapest price near you, see: http://www.precoscombustiveis.dgeg.pt/

Comments  

+3 #3 Peter Booker 2015-09-01 13:57

Petrol and diesel are still much cheaper in Spain. I suspect that the reason is only partly due to tax. The Spanish economy is still in the doldrums, and yet the Spanish petrol companies are willing to respond to market pressures much more decisively and more quickly than their Portuguese counterparts.

There must be a reason for this difference in price and in responsiveness.

+2 #2 sagalaut 2015-08-31 22:41

Diesel at Galp in Ayamonte (Portuguese company) .........................1,01 per litre

+4 #1 mm 2015-08-31 19:54

we have never had it so good but wait for a new "green" tax" to be sneaked on the cost for "solidarity"

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