Fuel prices hit 17-month high

The cost of refuelling in Portugal has hit a 17-month high following a fifth consecutive weekly increase.

in Lifestyle · 27 Dec 2016, 08:39 · 1 Comments

The price of fuel at the pumps has risen by an average of 1.5 cents litre just after Christmas to climb to the highest figure since July 2015.

The latest spike in fuel prices is blamed on the weakening euro against the dollar and the rising cost of oil on international markets.

The cost of unleaded fuel is now at an average of €1.45 a litre while diesel is now sitting at €1.20.

More in Lifestyle

The urban tile art of Liratov

In Lifestyle - 19 Apr 2024, 19:31

Frequent flyers share their best plane travel hacks

In Lifestyle, Travel - 19 Apr 2024, 17:01

Should you take a break from social media?

In Lifestyle, Health - 18 Apr 2024, 11:03

Comments

The great RIP OFF of fuel prices in Portugal. When the price of oil was 110 dollars a barrel the price of diesel was around 1.45 euros. Now the price of oil is 56 dollars the price of diesel is over 1.30 euros. It has gone from 1.05 when oil was 30 dollars, so if the price got to 110 dollars again we will be paying around 1.80! As I say a rip off.

By peter from Algarve on 02 Jan 2017, 20:39