International fuel benchmarks are signaling a significant price correction for the Portuguese market, with diesel and gasoline set to fall by more than 10 cents per litre starting Monday.
This marks the steepest weekly decline in pump prices in recent weeks, driven by softening international crude costs and easing supply constraints.
According to reports from Jornal de Negócios, international quotations indicate a drop of 10.5 cents per litre for diesel and 11.5 cents for gasoline.
However, the actual reduction felt by consumers at the pump will depend on the Portuguese government's decision regarding the specific excise tax (ISE) on fuels.
Authorities have the discretion to adjust tax rates to either amplify the relief for households or retain revenue, a lever frequently used during periods of high energy volatility.
The anticipated price drop aligns with broader trends in the energy sector, where market participants have been bracing for lower gasoline prices due to reduced geopolitical risk premiums.