Friday, August 5, 2016

cheaper fuel and gasoline in March values ​​- TVI24

In full holiday season for most Portuguese is never too save when it comes to fuel.

When the TVI found, on average, a liter of petrol and diesel will go down in the early hours of Monday. The diesel fell 1.5 cents per liter and 0.5 cents per liter gasoline.

By the way, on balance, and according to data from the National Authority for the market fuel, the reference price of gasoline is in March values ​​this year and diesel to the level of April.

An evolution for which is determining the evolution of raw materials in international markets, which is negotiating on minimal April and early May, and has intensified the falls, pressured by high volumes of reserves on the market. What is atypical, at a time when, traditionally, there is a strong fuel consumption in the US, due to the summer vacation

Brent oil -. Traded in London and serves as a reference to Portuguese imports – who came to touch $ 27.88 per barrel on 20 January this year, began a strong recovery since it peaked in June at $ 52.51 per barrel.

newsletter Thursday the National Authority for the Fuel Market stated that “international markets reacted High to recent indicators showing that the reduction of stocks of refined products was higher than the increase in stocks oil “. Thus, the WTI oil closed yesterday’s trading at $ 40.83 in the United States, while Brent oil closed at $ 43.10 a barrel.

This Friday, Brent negotiates around $ 43.83 per barrel, far from the minimum January but downtrend due to oversupply.

trend that ultimately reflects in the fuel reference price in Portugal, which, among other items have the raw material in the calculation of the value “reference” that each of us paid for a liter of fuel.

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