Gas station customers “will save in total next week 6.1 cents on diesel and 3.3 cents on gasoline compared to prices for the week of March 2 to 6.”
This Friday, the Government approved new extraordinary cuts in ISP rates applicable on the continent, which should represent a “real savings” of 1.8 cents per liter of diesel and 3.3 cents per liter of gasoline next week.
The information was released by the Ministry of Finance and states that, together with last week’s extraordinary and temporary discounts, gas station customers “they will save in total next week 6.1 cents on diesel and 3.3 cents on gasoline compared to prices for the week of March 2-6.”
Unleaded gasoline is now also covered by this reduction in the Tax on Petroleum and Energy Products (ISP) rates, as it “will exceed a 10 cent increase in relation to the price from March 2 to 6”, Finance adds.
The ministry led by Joaquim Miranda Sarmento points out that this value is calculated based on a discount of 1.4 cents per liter in the case of road diesel and 2.7 cents per liter for unleaded gasoline, “returning to taxpayers the additional VAT revenue that would be collected by the State with this increase”.
Fuel prices next week in Portugal, with the simple diesel increasing by around 10 cents per liter ea 95 gasoline rising 10.3 centsaccording to the National Association of Fuel Dealers (Anarec).
This increase occurs in a context in the Middle East, with oil prices pressured by the volatility of international markets.
The situation is also worrying the National Association of Fuel Dealers (ANAREC), which warns that a prolonged rise in prices threatens to lead to the closure of gas stations if there is a drop in demand. may reduce consumption and pose additional difficulties for some operators.
