The week starts with a rise in fuel prices, which should be seen both in the case of petrol and diesel fuel, the source of the sector to Notícias to Minuto.
© Shutterstock
24/08/2026
by
News to Minute, Lusa
A week starts with a new increase in fuel prices. The estimates point to an increase in 3.5 cents in diesel prices and an increase of 2.5 cents in petrol, advanced source of the sector to News to Minutes.
These figures may also change depending on the evolution of international oil prices and the final cost of the pump may vary according to the supply station, brand and location. The update of the Petroleum Tax (ISP) discount may also change the expected values.
This at a time when the average price of simple diesel is EUR 2,037 per litre and simple petrol 95 is costing EUR 1,964 per litre, according to the average prices disclosed by the Directorate-General for Energy and Geology (DGEG).
These daily average prices, refer to “are calculated on the basis of the prices reported by the fuel stations, weighted by the quantities sold in the last known period, incorporating the discounts charged at the supply stations as fleet cards and others”.
Where do fuels cost the least?
On the Online Fuel Prices website of the Directorate-General for Energy and Geology (DGEG), you can see where the most economical gas stations near you are.
To check the cheapest gas stations in your area you can access this link and select the option ‘filter by municipality’, then clicking on the respective district in the list that will be presented. Finally, you should select the municipality you want to consult, as well as the type of fuel.
Portugal had the 12th largest increase in fuel prices in the EU
The price of private transport fuels rose by 16.9% in the European Union in July, compared to the same month of 2025, with Portugal showing the 12th largest increase among the 27 Member States, according to Eurostat data.
With the increase of 16.9% in July, the rate of growth of fuel and lubricant prices for private transport in the European Union again accelerated, after a slight slowdown in June, when the annual increase had been 13.7%, lower than in May (20.7%) and April (20.8%).
Among the Member States where the highest annual increase in fuel prices has occurred are Romania (24.2%), Germany and Lithuania (22.9%), Bulgaria (22%), the Netherlands (22%) and Finland (20.5%).
The only country with a decrease in fuel prices compared to July 2025 was Hungary (-0.1%), while in Sweden (1.2%) and Ireland (3.2%) the increases were well below the European average.
Portugal was the 12th EU country with the highest annual increase of 16.7%.
For June 2026, gasoline increased by 4.7% and diesel 4.3% in the EU. In Portugal, the biggest increase was in diesel (2.1%), with gasoline prices rising by 1.1%.
This is the fifth consecutive month in which fuel prices increase in the EU, due to the war in Iran, which began on 28 February, which led to the closure of the Ormuz Strait, where about one fifth of the world’s liquefied natural gas and oil passed.
In June, after the United States and Iran agreed to a ceasefire, which included the reopening of the Strait of Ormuz, prices had slowed slightly, but in early July US President Donald Trump decreed the end of the agreement, leading to the resumption of the conflict and a further closure of the strait.