Gasoline marks its annual minimum, 1,572 euros, in the middle of the bridge

Fuel prices in Spain continued to fall last week, when a liter of gasoline was paid, on average, at 1.

Oliver Thansan
Oliver Thansan
06 December 2023 Wednesday 21:23
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Gasoline marks its annual minimum, 1,572 euros, in the middle of the bridge

Fuel prices in Spain continued to fall last week, when a liter of gasoline was paid, on average, at 1.572 euros, its lowest price so far this year, after falling 0.82% at the gates of the Constitution and Immaculate Bridge, where, according to estimates by the General Directorate of Traffic (DGT), almost eight million vehicles will make long-distance trips by road.

According to the latest Petroleum Bulletin of the European Union (EU), published this Thursday and which collects data from more than 11,400 service stations in Spain, between November 28 and December 4, diesel also fell, and the price half a liter was 1,543 euros, almost 1% less than a week before.

With these prices, gasoline adds its tenth consecutive drop since the end of September, while diesel accumulates its ninth drop, and continues the downward path that began at the beginning of October.

According to the historical archive of the EFE agency, the price of gasoline last week was the cheapest of the year, without taking into account the week between December 27, 2022 and January 2, 2023 when it cost 1,383 euros but still The discount of 20 cents per liter was applied to alleviate the effects of the war in Ukraine on fuel prices.

Compared to that first week of the year, the impact of the disappeared discount means that gasoline today costs 13.7% more, while diesel has increased by 5.7% given that at that time its price was 1.46 euros per liter.

At current prices, filling a 55-liter tank costs around 86.5 euros for gasoline, about 4.6 euros more than a year ago, and 84.9 euros for diesel, one euro more.

In the last month, gasoline and diesel are down almost 4.5% and 5.9%, respectively. Since the historical highs recorded in June 2022, gasoline and diesel are already 19% and 18.8% cheaper respectively.

On the other hand, fuel prices in Spain are below the average of the twenty-seven of the European Union (EU), where gasoline cost 1,704 euros per liter and diesel 1,683 euros in the last week. Even more expensive were fuel prices in the eurozone, where a liter of gasoline was paid on average at 1,751 euros, and for diesel, at 1,708 euros.