Sharp changes in gasoline and diesel prices that worry the Spanish market
Fuel prices have continued to rise in recent months, leading to drivers put their hands on their heads again due to the high costs of maintaining a working car.
All this, added to events of international significance as important as the war between Israel and Iran has made people think How long will this situation continue?.
Will gasoline and diesel prices continue to rise?
Undoubtedly There are many variables that affect fuel prices, especially crude oil prices. it is the mixture of hydrocarbons that ultimately becomes fuel.
While it is true that the recent upward trend in recent months has caused concern among consumers. everything indicates that prices will begin to stabilize and despite international military conflicts, they are expected to remain relatively stable in the near future.
Additionally, it is important to note that fuel prices have reached an all-time high in recent months, a situation that has caused stress and confusion among drivers. However, The rising price trend doesn’t just affect drivers.automotive,but also to society as a wholeas these prices ultimately affect the entire production chain and affect the supply of essential products and services.
What factors influence the price of crude oil?
Military conflicts are not the only problem in increasing the price of this fossil fuel, but there are other factors at play, such as job creation in the US, which could increase the demand for gasoline, or inflation in this country in recent years.
However, The Organization of the Petroleum Exporting Countries (OPEC) regained control over the marketwhich has prevented military conflicts, such as the current one between Israel and Iran, from affecting crude oil supplies and causing prices to rise further.
Despite this, Uncertainty will continue due to multiple factors influencing crude oil market volatility.. While prices are not expected to rise significantly in the short term, it is difficult to predict how far prices could go.