The average fuel price in Spain extended its downtrend this week, and especially the liter of gasoline took its place in Spain this week. €1.59diesel is in the first place after a decrease of 3.16% compared to the previous week. 1.661 Euros2.86% less than seven days ago.
Like this, gasoline chains for the fifth consecutive week of decline and diesel continues its seventh dropAccording to European Union Petroleum Bulletin data collected by Europa Press.
Also, the price difference between the two fuels is about approx this week. seven cents in favor of diesel In this case compared to gasoline that has accumulated for 19 consecutive weeks.
With these price levels after the recent declines, both fuels far from heights It touched this summer, where gasoline reached 2,141 euros and diesel reached 2.1 euros in July.
Actually, Average gasoline price this week is at its lowest level since mid-February. In the case of diesel, you have to go back to the week of April 11 to find a lower record.
Likewise, gasoline and diesel continue for another week below the amount marked (1,818 Euros for the first place, 1,837 Euros for the second) before the entry into force of the aid of 20 cents per liter approved by the Government at the end of March.
For both fuels, this average amount includes taxes, but does not reflect the minimum 20 cents per liter discount effective on April 1, as there are higher discounts, depends on the oil company and promotions to loyal customers.
According to this subsidy, the liter price of gasoline is 1.39 euros, and the price of diesel is 1.46 euros, in both cases clearly lower than those marked at the end of Marchbefore the aid comes into effect.
In this sense, the Government if you keep this bonus you are staking, but not universally, focused only on certain sectors or eliminated it given its high cost and unprogressability. A decision on this is expected next week.
7.72% and 23.58% more than a year ago
The price of a liter of gasoline, not taking into account the subsidy 7.72% more expensive than a year ago, In diesel, the price is 23.58% higher.
These figures were recorded amid high crude oil prices in the current context marked by the war in Ukraine. So this Thursday brent barrel, In Europe it traded around $83 for reference, while American Texas traded around $79.2.
The price of fuels depends on many factors, such as the specific price (regardless of oil), the evolution of crude oil, taxes, cost of raw materials and logistics, and gross margins. Also, the evolution of the world crude oil price are transferred with a delay, not directly to fuel prices.
EU levels
Prices at these levels 95 unleaded gasoline and excluding subsidies, it remains below the European Union average of 1,639 euros per liter in Spain and below the eurozone’s average price of 1,678 euros.
In the case of diesel, the price in Spain is lower than the price in Spain. EU average of 1,727 eurosand also below the eurozone at a price of 1,737 euros.