check petrol and diesel prices in Spain this week
Fuel prices in Spain continued their downward trend this week and have fallen by more than 9% since the beginning of July. Thus, since the beginning of 2022, prices for gasoline and diesel fuel have reached new lows.
He A liter of diesel fuel in Spain costs an average of 1,362 euros.which is 0.36% less than the previous week. Thus, it fell for 11 weeks and reached its lowest level since the beginning of January 2022, according to the latest data from the European Union Petroleum Bulletin, which shows prices including taxes. For my part, Gasoline 95 sells for an average of 1,482 euros.0.33% less than the previous week, also the lowest price since the beginning of 2022.
Overall, petrol prices have fallen 8.85% and diesel prices 9.2% since they began their downward spiral in July this year, coinciding with the summer holiday period and increased travel. .
Diesel and gasoline are cheaper than in the EU
At these levels the price petrol unleaded 95 supported in Spain below the European Union averagelocated at a price of 1615 euros per liter, and from the eurozone, with an average price of 1664 euros.
In case dieselprice in Spain This is also lower than the EU average.which is 1502 euros, and from the eurozone, where its price is 1526 euros.
Filling up a gas tank costs almost 15 euros less than a year ago
At current prices, refilling an average tank with a volume of 55 liters diesel has a cost of about 74.91 eurowhich is approximately 17.87 euros less than on the same dates last year. In case petrolfilling an average tank (55 liters) represents a running cost of approx. 81.51 eurowhich is approximately 14.85 euros less than for the same week in September 2023.
However, these values are indicative and may be higher or lower depending on the gas station or possible loyalty program discounts.
At the same time, the average price per liter of diesel fuel, taking into account the fall in recent weeks, remains below the level at which it was before the Russian invasion of Ukraine, which began on February 24, 2022. Thus, diesel fuel cost 1,479 euros. per liter and gasoline – 1591 euros per liter.
Likewise, you also need to look at the price oil. Although crude oil is a factor influencing the price of fuel, He is not the only one and does not do this directly. since there are other elements that have an impact, such as taxes, raw material inventories or time lag adjustments.
Thus, a barrel of Brent crude oil (the benchmark in Europe) rose in price in the middle of the session this Thursday by 1.83%, to $75.22, and a barrel of West Texas Intermediate (WTI) oil reached $71.48, an increase of 1.97%. .
Similarly, in the case of the Oil Bulletin, prices are based on data from the week before its publication, so they do not yet reflect the rise in oil prices in recent days following the heightened tensions in the Middle East.
The Minister of Economy, Trade and Business Carlos Bodi said this Thursday that the government is “very vigilant” about the possible economic consequences of the military conflict that Israel supports with Gaza, Lebanon or Iran, although he indicated that the moment is limited. He acknowledged that in the early moments of Israel’s attack on Lebanon there was a “definite reaction” from both global stock markets and crude oil prices, but that this reaction was nevertheless “contained in the last few hours.”