Fuel prices fell again in Spain, with a filling station in the province of Córdoba selling diesel for just €1,004 per liter, approximately €1 per liter. The decline, which is attracting the attention of many Portuguese drivers traveling in the Andalusia region, comes at a time when the European Union’s Petroleum Bulletin once again points to reductions in diesel and gasoline on the Spanish market. According to Notícias Trabajo, a Spanish website specializing in legal and labor matters, this Cotranco station, located on Calle Simón Carpintero, in Córdoba, currently has the cheapest diesel in the country.
According to the same publication, the average price of diesel in Spain dropped to 1,437 euros per liter, almost three percent below the previous week. Gasoline also fell, although more moderately, standing at 1,478 euros per liter, on a trajectory that has already seen four consecutive weeks of reduction.
The data once again places Spain as one of the countries with the cheapest fuel in the European Union, a difference that, as the website explains, is due to international prices, the taxes applied and the natural delay between the evolution of the price of crude oil and the final cost to the consumer.
Where are the cheapest fuels in Spain
The survey published by Notícias Trabajo shows that, in addition to the Córdoba station with diesel at 1,004 euros, there are several other places with very competitive prices. For gasoline, the lowest value recorded this week was 1,229 euros at the Plenergy station, in Alcoy, Alicante. In contrast, the national average price remains above these minimums, although still much lower than that practiced during the 2022 energy crisis.
The Spanish publication adds that, despite recent strong declines, filling a 55-liter tank of diesel costs an average of 79 euros, slightly more expensive than a year ago. Gasoline is now two euros cheaper than in the same period in 2024. Even so, fuels remain below levels prior to the Russian invasion of Ukraine, which represents some relief for consumers and transporters.
And in Portugal? Prices fall, but remain far from Spanish values
In the Portuguese case, the Energy Services Regulatory Authority (ERSE) also predicts a drop in prices this week. According to Contas-Poupança, a website specializing in economics and savings, which follows these updates, the so-called efficient price dropped by 2.1 cents for diesel and 0.7 cents for gasoline. Still, each brand defines its own values and, according to the same source, there are significant differences between stations.
The comparison highlights that Auchan and Moeve are currently the cheapest brands in diesel, while in gasoline the leadership belongs to Auchan and Intermarché. However, none of these values come close to the minimum price recorded at Cotranco, in Spain, where diesel is practically one euro per liter.
Why is Spain still so much cheaper?
The difference between the two countries has been constant and is mainly explained by the tax burden applied in Portugal, which remains higher than in Spain. Added to this are marketing margins, logistical costs and the structure of the Tax on Petroleum Products itself. As Contas-Poupança reminds us, the tax burden often represents more than half of the final price paid by the Portuguese consumer.
For motorists traveling in the Algarve and Alentejo, the proximity of Andalusia makes these prices particularly relevant, especially at a time when the Portuguese Government has not yet announced any structural changes to fuel taxes.
What to expect in the coming weeks?
With the volatility of the international market, fluctuations are likely to continue. However, according to , the current trend in the Iberian Peninsula points to greater stability and slight declines, largely influenced by the evolution of Brent crude and adjustments in oil companies’ margins.
For now, the picture is clear: while diesel at €1 is right next door, in Portugal the decline exists, but remains very far from these values.
Also read:
