Portuguese motorists face a significant increase at the pumps next week, with diesel prices projected to jump by 7 cents per litre and gasoline rising by 3 cents.
The estimates, provided by the National Authority for Energy, Water and Air (Anarec) to Lusa, reflect the current upward trend in wholesale fuel costs.
If the trend holds, the hikes will take effect early next week, adding to the cost of living for consumers and logistics operators across the country.
The sharp rise in diesel prices is particularly notable, as the 7-cent increase outpaces the 3-cent hike for gasoline.
This disparity often reflects broader shifts in global oil markets and refining margins, which can disproportionately affect diesel due to its higher demand in transport and industrial sectors.
For traders and investors, the move signals persistent pressure on downstream margins and consumer spending power in Europe.