
Minister expects fuel to continue to drop, but reiterates appeal
The evolution of fuel prices became more attentive after the rise following the attacks by the United States and Israel on Iran on 28 March
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Summary
Minister for Environment and Energy expects fuel prices to continue to fall. In response to Lusa, ENSE then pointed out the fixed costs of refining and the shortage of storage in Europe as factors that explain a slower reduction in fuel prices compared to the decline in raw material. The Energy folder holder explained that she made this request because, "when there is an increase [in international markets], there is a rapid increase in fuel prices" and that "then, when it decreases, it takes longer to reach each other's pockets".
Furthermore, Maria da Graça Carvalho pointed out that the National Entity for the Energy Sector (ENSE) has already "indicated that there are several extra factors, such as transport, inflation that has increased since the crisis started so far and the cost of raw materials that have increased". The minister said she will also ask the Energy Service Regulator (ERSE) "an in-depth study" on price formation, "mainly on the side of falling prices, to understand what is happening". "span class="news bold" We hope that prices will continue to fall, if everything goes well at international level, and we want to see how we will reflect on the price people will have to pay for petrol and diesel," he said.
In addition, This entity did not then clarify whether there is already a specific analysis in progress, but merely stated that it follows weekly the Public Sales Prices (PVP) and the Fuel Reference Prices (PR).
Cross-referenced from 3 sources.
Factual coreconfirmed by several independent voices
Minister for Environment and Energy expects fuel prices to continue to fall.
reliability low1/3 sourcesIn response to Lusa, ENSE then pointed out the fixed costs of refining and the shortage of storage in Europe as factors that explain a slower reduction in fuel prices compared to the decline in raw material.
reliability low1/3 sourcesThe Energy folder holder explained that she made this request because, "when there is an increase [in international markets], there is a rapid increase in fuel prices" and that "then, when it decreases, it takes longer to reach each other's pockets".
reliability low1/3 sourcesMaria da Graça Carvalho pointed out that the National Entity for the Energy Sector (ENSE) has already "indicated that there are several extra factors, such as transport, inflation that has increased since the crisis started so far and the cost of raw materials that have increased".
reliability low1/3 sourcesThe minister said she will also ask the Energy Service Regulator (ERSE) "an in-depth study" on price formation, "mainly on the side of falling prices, to understand what is happening".
reliability low1/3 sources"span class="news bold" We hope that prices will continue to fall, if everything goes well at international level, and we want to see how we will reflect on the price people will have to pay for petrol and diesel," he said.
reliability low1/3 sourcesThis entity did not then clarify whether there is already a specific analysis in progress, but merely stated that it follows weekly the Public Sales Prices (PVP) and the Fuel Reference Prices (PR).
reliability low1/3 sources
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