Fuel prices are dropping again like they haven’t seen in 8 months

From Monday, November 8, it will be cheaper to fill the deposit in Portugal.

Fuel prices will fall in the country.

It will be cheaper to renew your deposit from Monday 8 November. Fuel prices will come down, something we haven’t seen in eight months. This will be the biggest weekly price drop since last May. The drop will be greater in diesel.

according to “Business Magazine“The simple diesel should fall two cents to 1.526 euros per liter. On the other hand, the drop in 95 gasoline will be less severe. It will rise to 1.718 euros per liter, down 1.5 cents. It is the biggest drop since March.

This change in prices is due to the decrease in the value of a barrel of oil. This happened after Joe Biden, President of the United States, pressured global producers about the price hikes that had been occurring in recent weeks.

Demand for oil was outstripping supply. members For now, the Organization of the Petroleum Exporting Countries (OPEC) will maintain the plan set in June and increase production by 400,000 barrels per day by the beginning of 2022.