The fuel price has been reduced by 16% since June

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The liter of petrol falls for the eighth consecutive week with an average price of 1,597 euros with a bonus of 20 cents

The fuel price gives travelers another break in the middle of the summer season. For the eighth and seventh consecutive week, respectively, petrol and diesel are cheaper than the week before. And while prices are still very high compared to a year ago, the cumulative decline since the end of June is already 16%, placing prices at their lowest level in April.

According to the statistics of the latest oil bulletin from the European Commission, the average price of a liter of petrol this week was 1,797 euros (-3.3% compared to the previous week), while the decrease of diesel was 2.58% to 1,806 euros.

These numbers also need to be subtracted from the impact of the 20 cents per liter discount that went into effect on April 1, although drivers may find even higher discounts depending on the oil company and the promotions launched to retain customers.

With the discount on the average, a liter of petrol would therefore cost EUR 1,597, while that of diesel would cost EUR 1,606, in both cases lower than the prices indicated at the end of March, before the aid came into force ( EUR 1,818 per liter for petrol and 1,837 euros for diesel).

Despite this, fuels are still much more expensive than a year ago. Compared to the same week in 2021 and taking into account the subsidy of 20 cents, the price of a liter of petrol is now almost 13% more expensive. For its part, diesel has increased by 27%.

Source: La Verdad

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