The price of both fuels has fallen for the second week in a row, due to the recently approved 20 cents per liter mandatory discount. Despite the price drop, it is the most expensive Easter in history.
The price of petrol and diesel dropped for the second week in a rowin particular a 1.4% and a two %respectively because of the compulsory discount of 20 cents per liter approved by the Spanish government, which is applied at petrol stations when paying at the cash register.
Despite the respite both fuels have given after hanging on a chain for 11 consecutive weeks at the beginning of the year, leaving them the All-time highs since 2012their current prices are still much higher than the prices recorded in previous years, causing the Most Expensive Easter in History
According to data released this Thursday by the European Union (EU) Oil Bulletin, which includes the average price recorded at more than 11,400 Spanish gas stations between April 5 and 11, gasoline will be sold in Spain once the discount is made with an average of 1.59 euros per literMeanwhile he has diesel oil does it matter 1,613 euros
After this new fall, the price of diesel has surpassed that of petrol for the third consecutive week and mid-Easter, and is 10.3% lower than the record price three weeks ago, while the price of petrol is 14% lower than the maximum a month ago.
However, if the college-approved discount under the National Response Plan for the economic and social impact of the war in Ukrainepetrol would reach an average price of 1.79 euros, compared to the 1,813 euros consumers would pay when filling up with diesel.
Those values would be the . represent fourth highest prize in history for petrol, and third in the case of diesel.
To cushion the impact of rising petrol and diesel prices on citizens, the Spanish government recently launched a bonus of 20 euro cents per litre for all consumers, of which 15 cents for the account of the state and at least 5 cents for the oil companies.
At current prices, filling an average 55 liter tank with petrol currently costs 87 euros, while that with diesel is 89 euros, which is about to pay 22 euros more than early 2021 if gasoline is used, and 30 euros if diesel is chosen.
The increase in both fuels has therefore led to the petrol price increasing by 36% from January 2021for 54% diesel has become more expensive.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
