Petrol prices in Spain have climbed for the 11th consecutive week, with over 150 service stations in Aragón now charging more than €2 per litre. This persistent rise has pushed the national average cost of regular petrol to €1.866 per litre as of September 17, representing a 2.88% increase within a week. Diesel prices have also followed suit, now standing at €1.834 per litre after a brief dip.
The escalation in fuel costs is primarily attributed to rising global oil prices, exacerbated by disruptions in energy supplies from the Middle East. As Spain heavily depends on imported crude oil, the country is particularly susceptible to fluctuations in international prices. The situation could worsen for Spanish motorists, as the government’s temporary fuel discount is set to expire on September 30. This measure currently offers a relief of 5 cents per litre on petrol and 20 cents on diesel, but its termination could potentially elevate diesel prices past €2 per litre and bring petrol prices close to that threshold.
With the impending end of the fuel discount, industry estimates suggest a significant impact on household budgets, further stressing the importance of price comparisons among service stations. The variability in fuel prices at different locations adds to the challenge for consumers already dealing with increasing costs.
As the deadline for the discount approaches, motorists are advised to monitor fuel prices closely and seek out the most economical options available. The ongoing rise in fuel prices underscores the broader implications of global oil market dynamics on local economies, particularly in regions heavily reliant on energy imports.