This week’s fuel price data shows a modest easing across both gasoline and diesel, halting the prior uptrend. The European Union Petroleum Bulletin, published this Thursday, notes a small decline in Spain based on visits to more than 11,400 gas stations during the period from March 14 to March 20. The average gasoline price per liter stood around 1.636 euros, while diesel averaged about 1.571 euros in those dates. [EU Petroleum Bulletin, March 2025]
Gasoline has edged lower for the first time this season, yet fuel costs remain higher for diesel since the early part of the year, reflecting the price dynamics that began last summer. Diesel has moved down by roughly 2.5 percent, while gasoline has held steady compared with last month’s levels. This trend persisted even after forecasts from some market observers anticipated higher prices. The European Union’s recent move to restrict diesel imports from Russia came into effect on February 5, influencing supply and pricing in several markets. [EU Market Analysis, February 2025]
The impact of the 2022 policy requiring a 20 cent per liter discount for fuel has faded, with gasoline still showing an 18.29 percent increase and diesel up by 7.6 percent relative to the start of the year, a carryover effect from that discount period. On the other hand, gasoline is about 9.8 percent cheaper than a year ago, while diesel remains about 12.6 percent higher year over year. The ongoing war in Ukraine has pushed fuel prices to historic highs in mid 2022 and set a challenging baseline that continues to influence current pricing as markets adjust. [Market Year in Review, 2025]
Looking at current levels, gasoline prices are roughly 15.7 percent higher than the lowest recent points, with diesel prices about 17.3 percent higher. Based on last week’s data, filling a typical 55-liter tank would cost around 89.98 euros for gasoline, and about 86.4 euros for diesel. In Spain, fuel prices run below the European average, where the continental average stands at 1.712 euros per liter for petrol and 1.669 euros per liter for diesel. Across the euro area, the last week reported averages were 1.763 euros per liter for gasoline and 1.701 euros per liter for diesel. [Eurostat Weekly Averages, 2025]
The broader supply picture illustrates how national and supranational policies interact with regional demand. While Spain’s per-liter prices remain competitive within Europe, the region continues to experience variability driven by refinery maintenance, seasonal demand shifts, and international trade dynamics. Consumers are advised to monitor weekly updates from official bulletins, as small changes can translate into noticeable differences at the pump. [Consumer Price Updates, 2025]