The Regulatory Authority for Energy Services (ERSE) revealed that the average weekly price of fuels recorded a decrease compared to last week, 0.3% for gasoline and increased 0.4% for diesel.
According to the ERSE report, the efficient price had an update, “taking into account the weekly variation of international prices for regular gasoline at -0.9% and for regular diesel at +0.8%.”
Thus, “for the week of January 15th to 21st, the Preço Eficiente (Efficient Price) before taxes is €0.760 per liter for regular gasoline and €0.847 for regular diesel. After taxes, the Efficient Price is €1.646 per liter for regular gasoline and €1.587 per liter for regular diesel.”
It should be noted that the efficient price “is a weekly average price determined by ERSE and results from the sum of the following components: fuel prices in international reference markets and their maritime freight, primary logistics including strategic and security reserves of the National Petroleum System, additional costs for the incorporation of biofuels, and the retail component plus the respective taxes.”
Regarding the previous week, the report states that “it was found that the average Public Sale Prices announced on the signs, and reported in the Single Energy Counter, were 4.7 cents per liter above the Efficient Price for regular gasoline, and 4.9 cents above for regular diesel.”
In percentage terms, “regular gasoline was announced on the signs 2.7% above the Efficient Price and regular diesel was 3% above,” according to the report.