Fuel prices at eight month high

By TPN/Lusa, in News · 30-11-2020 10:28:00 · 1 Comments

The price of unleaded petrol will this morning climb to highest since the start of the pandemic

An increase of two cents a litre will see petrol rise to figures last seen in March. Diesel will also go up by two cents a litre, reaching a four-month high.

These latest increases are the third consecutive week in which petrol prices have risen in Portugal.

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I really don't understand how the cost of fuel has gone up when the current oil price is lower than it was on the 1st March, (now $48.9 was $51.4). Equally it cost $1.105 to buy one Euro then whilst it will now cost $1.193 to buy €1. The euro is stronger, the oil price is lower but the price of fuel goes up, have taxes or distribution costs gone up? increased

By Ronald from Other on 02-12-2020 09:47
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