Portugal fuel consumption drops 10.3% in August as diesel prices rise 6.4%

noticiasaominuto.com (Portuguese) —

Road fuel consumption in Portugal fell 10.3% in August compared to July, while average diesel prices rose 6.4% and gasoline 95 increased 1.2%, according to DGEG data. Consumption dropped from 564,000 to 506,000 tonnes, driven by a 14.2% decline in diesel use, while gasoline 95 saw a slight rise. Diesel's average price climbed from 1.907 to 2.029 euros per litre, and gasoline from 1.943 to 1.966 euros. Since February, when US-Israel attacks on Iran began, diesel prices have risen 27.8% and gasoline 17.2%. The IEA calls the Middle East supply disruption the largest in oil market history, with Brent up 47.8% since February.


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Portugal fuel consumption drops 10.3% in August as diesel prices rise 6.4% | News Minimalist