Brent crude futures gained ground in early trading as fresh data from European retail markets highlighted persistent pressure on fuel supply chains.
The price movement comes as motorists in Hungary and Portugal face significant increases in gasoline and diesel costs, signaling that wholesale market tightness is translating directly to consumer prices.
In Hungary, wholesale prices for 95-octane gasoline are set to rise by 14 forint per liter starting Wednesday, with diesel prices also climbing sharply.
This adjustment reflects broader regional supply constraints that have kept European refiners under pressure.
Simultaneously, Portuguese authorities estimate that diesel prices will jump by 12 cents per liter and gasoline by 5 cents in the coming week, according to projections from the National Authority for Energy.
These localized price hikes provide a counter-narrative to the recent easing of shipping risks that prompted OPEC+ to announce an output increase of 188,000 barrels per day for September.