Portugal fuel prices to drop 12 cents per litre starting Monday, says retailers association
By
Ricardo Figueira
A bagel-shaped object. The form is there, the soul isn't.
Summary
Fuel prices in Portugal are set to drop by 12 cents per litre from Monday, according to the National Association of Fuel Retailers (Anarec). The average price of 95-octane unleaded petrol is forecast to be 1.904 euros per litre, while standard diesel should reach 1.837 euros per litre. However, the actual reduction may be smaller if the Portuguese government decides to reduce the fuel tax discount in response to the price drop.
Key quotes
· 3 pulledFuel prices in Portugal will be lower from next Monday, with the National Association of Fuel Retailers (Anarec) forecasting a drop of 12 cents per litre on both petrol and diesel.
The average price of 95-octane unleaded petrol should stand at 1.904 euros per litre from Monday, while the price of standard diesel should be 1.837 euros per litre.
The fall in prices could prompt the government to reduce the discount on the tax on petroleum products, leading to a slightly smaller cut than the 12 cents.
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