This average fuel price Downtrend continues in Spain and especially, liter gasoline It was found this week at 1,565 Euros.after a 1.57% decrease compared to the previous year, diesel is at 1,643 euros, 1.08% less than the previous seven days.
Like this, Gas chains for sixth consecutive week of decline and reached levels similar to those before the Russian invasion of Ukraine (starting on February 24, 2022), given that the average price of this fuel in Spain during the week of February 7 was 1,559 euros per liter.
Duration, Diesel down for the ninth week in a rowThat’s why it has dropped since the end of last October, according to European Union Oil Bulletin data collected by Europa Press.
Also, the price difference between the two fuels stands at around eight cents in favor of diesel versus gasoline this week, which then accumulates for 20 weeks in a row.
With these price levels after the recent declines, both fuels are far from the maximums they touched this summerIn July, gasoline reached 2,141 euros and diesel 2.1 euros.
Actually, Average gasoline price this week at lowest level since early Februaryfor diesel, you have to go back to the week of April 11 to find a lower record.
In addition, It continues for another week under the amount marked in gasoline and diesel. (1,818 Euros for the first, 1,837 Euros for the second) Before the 20 cents aid comes into effect Per liter approved by the Government at the end of March.
This average amount includes taxes on both fuels, but does not reflect the minimum discount of 20 cents per liter effective from April 1, because there are higher discounts, higher discounts depending on the oil company and loyal customer promotions.
Based on this subsidy, a liter of petrol will cost 1,365 euros and diesel will cost 1,443 euros, clearly lower than the price he had pointed out at the end of March before the aid came into effect.
In this sense, the Government has decided this week to remove the general fuel bonus for 2023, and this bonus will only be maintained for the professional group that includes hauliers, farmers, shipping companies and fishermen.
a) Yes, The 20-cent discount will be lifted on January 1 for private customers, i.e. the last week during which such consumer can enjoy the discount.
5.81% and 21.97% more expensive than a year ago
Whatever the subsidy, While the price of one liter of gasoline is 5.81% more expensive than a year ago, the price of diesel is 21.97%. top.
These figures were recorded amid high crude oil prices in the current context marked by the war in Ukraine. Thus, the benchmark Brent in Europe this Thursday was trading around $82.4 a barrel, while American Texas was trading around $77.1.
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. In addition, the change in crude oil price is reflected not directly on fuel prices, but with a delay.
With these levels, the price of unleaded gasoline, which is 95 and does not take into account the subsidy, remains below the European Union average of 1.637 euros per liter in Spain and the eurozone average of 1.676 euros. .
When it comes to diesel, the price in Spain is below the EU average of 1,722 euros and the eurozone at 1.73 euros.