Wars are one of the factors for price oscillation, but nothing compares to the weight of taxes in the final value.
At the end of June, the largest weekly weekly price of diesel since 2022 was found in Portugal.
However, last week Gasoline and diesel They got a little cheaper-and prices are expected to continue to over the next few times.
“It’s all normal”begins by saying the secretary general of EPCOL-Portuguese fuels and lubricants companies: “The market is still, it is voidtIl, very sensitive to these geopolitical issues. ”
António Comprido confirms that Nothing points to a pricing in the coming weeks. “The values that originated the intervention of the state (IDA descent) and the European Union in general will not be achieved,” he continues.
Also in, economist João Duque repeats the importance of wars, namely in Iran at this stage. There is a expectation on the eventual interruption supply of oil flows.
At this point, he reinforces, the “most important is the development of war in Iran – if the path is peace, excellent; if there is a contraction in, an interruption, it will be a problem in the flow of oil that reaches large refineries.”
Factors and Taxes
But war is not the only factor to move fuel prices. António Comprido explains: “The international markets to work, and then countries have no control over these variations; then there are more or less fixed values: costs of storage, distribution or operation Of the gas stations – which are a small slice, it doesn’t weigh much in the final price. ”
The “very large slice” are the taxes, which have a weight of about half the final value of each liter.
In Portugal, and according to the latest data, 55% of the price of a liter of simple gasoline are imposed and 50% No simple diesel.
In Spain it is slightly lower (48% and 43%), but the weight of taxes in Portugal is almost equal to the European Union average: 54% in gasoline, 48% in diesel.
And João Duque leaves a warning: fuel prices would be higher if the dollar It was not devaluing in 2025, especially compared to the euro.
