Refueling is already 12% cheaper than at the end of June

The average price of fuels has added its seventh consecutive week of falls and accumulates a drop of more than 12% since the end of June, when it broke the upward trend in which it had been immersed since the beginning of the year.

Thomas Osborne
Thomas Osborne
15 August 2022 Monday 00:58
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Refueling is already 12% cheaper than at the end of June

The average price of fuels has added its seventh consecutive week of falls and accumulates a drop of more than 12% since the end of June, when it broke the upward trend in which it had been immersed since the beginning of the year.

According to data from the European Union Oil Bulletin collected by Europa Press, the average price of a liter of super 95 unleaded gasoline has stood this week at 1.86 euros in Spain, after registering a drop of 2.2% compared to to seven days ago.

In the case of diesel, the average price per liter has fallen this week to 1.85 euros, after registering a drop of 2.06%, chaining in this case its sixth fall.

This average amount of both fuels includes taxes, but does not reflect the discount that came into force since last April 1 of at least 20 cents per liter.

However, the price of fuel continues to record a particularly high price compared to recent years. Specifically, gasoline costs 31% more than a year ago, while diesel has become 46% more expensive in this same period.

With these levels, the price of unleaded gasoline of 95% remains in Spain above the average of the European Union, located at 1,799 euros per liter, as well as of the euro zone, with an average price of 1,848 euros. In the case of diesel, the price in Spain is also higher than the EU average, which is 1.83 euros, although this is not the case for the euro zone, with a price of 1.864 euros.