Diesel is expected to become three and a half cents more expensive, while gasoline is expected to rise by around two cents at the beginning of next week.
This increase interrupts the cycle of increases that has been occurring in recent weeks. The news was reported by SIC Notícias, stating that this increase is due to the rise in the price of a barrel of oil.
Predictable as the Houthi rebels are causing havoc in the bottom end of the Red Sea meaning that shipping is either going to have to wait for military escorts or go around the bottom of Africa to get to Europe.
By David Clark from Algarve on 24 Dec 2023, 07:11