Fuel prices in Portugal are reaching rarely seen levels, with many stations selling all types of fuel above 2 euros per litre, and some already approaching 2.30 euros. The litre of petrol recorded an increase of 9 cents this week, representing the biggest weekly increase since June 2022, according to data from the Economic Journal.
Brent oil exceeded the 100 dollar barrier, which contributes to pressure on prices. A particularity highlighted in the article is that taxes no longer represent the largest component in diesel prices, which represents a change from what was previously observed.
The forecasts are not encouraging. International signs indicate that the worst is yet to come, with accounts suggesting that an even greater increase may be imminent. The article, dated Wednesday, suggests that consumers may face further increases in the short term.




