Diesel and gasoline prices are expected to rise again next week

Diesel and gasoline prices are expected to rise again next week

Fuel prices are expected to rise again next week, with increases of up to 15 cents a liter, based on current prices for Brent barrels.

What should be the increases?

Regarding diesel, the price should go up 15 cents a liter Already next week. As for gasoline, it should be nearby 8 cents a literan industry source revealed to SIC.

With this increase, fuel prices are expected to return to 2 euros per liter.

This is because the barrel of Brent crude, which is used as a reference for national imports, has been rising since the end of last week, and is now higher than 120 dollars.

Why did the price of Brent barrel rise?

Since Russia invaded Ukraine, oil prices have skyrocketedThe price of a barrel of Brent reached $139. However, it eased a bit, but analysts have already warned that the rally has not stopped.

The war is one explanation for the rapid rise in fuel prices in Portugal.

Fuel prices have already increased 11 times this year

successive increments 11 since the beginning of the yearalready affecting production and distribution costs, resulting in higher raw material costs.

Since January 2022, the price of fuel has increased, except for Monday, when the price of diesel and gasoline fell.

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By Andrea Hargraves

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