Portugal

Fuels follow opposite directions next week. Gas up 2.5 cents

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 30/10/2026, 10:56:24 UTC.

Briefings

Portugal's fuel prices will diverge next week with diesel rising 2.5 cents while gasoline falls 2.5 cents, as the ACP confirms. European crude prices surged 2% after an attack on the Strait of Hormuz, with Brent rising to $113.32 per barrel. The ACP attributes these shifts to ongoing Middle East conflicts affecting global supply.

Key points

• Diesel prices in Portugal are expected to increase by 2.5 cents per liter, while gasoline prices are projected to decrease by the same amount.
• European crude oil prices rose 2% following an attack on the Strait of Hormuz, with Brent crude reaching $113.32 per barrel.

Context

Fuel price changes in Portugal are driven by global crude oil fluctuations, specifically the attack on the Strait of Hormuz which disrupted 20% of global petroleum trade. The ACP and DGEG confirm these shifts based on market data from the previous week.

Limitations

Price forecasts are based on Friday market data and may vary if crude prices worsen further. Specific pump prices at individual locations remain uncertain due to the liberalized market structure.

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