The average weekly price calculated by the Energy Services Regulatory Authority (ERSE) recorded an increase compared to last week, 2.2% for gasoline and 1.4% for diesel, the most commonly used fuel in Portugal.
According to the ERSE report, the efficient price has been updated, taking into account the weekly variation in international quotations for regular gasoline by +5.2% and for regular diesel by +2.8%.
Therefore, “for the week of February 19 to 25, the Preço Eficiente before taxes is €0.861 per liter for regular gasoline and €0.962 for regular diesel. After taxes, the Preço Eficiente is €1.771 per liter for regular gasoline and €1.729 for regular diesel.”
It should be noted that the efficient price “is a weekly average price determined by the ERSE and results from the sum of the following components: fuel prices in international reference markets and their maritime freight, primary logistics, including strategic and security reserves of the National Petroleum System, additional costs for the incorporation of biofuels, and the retail component plus respective taxes.”
Regarding the previous week, the report states that “the average of the announced Retail Selling Prices on the signs, reported in the Unique Energy Counter, was 2.2 cents per liter above the Efficient Price for regular gasoline, and 1.1 cents above for regular diesel.”
In percentage terms, “regular gasoline was announced on the signs 1.2% above the Efficient Price, and regular diesel was 0.6% above,” according to the report.
