Gasoline chains its fifth rise at the gates of the August bridge and returns to levels of a year ago, when there was aid

Gasoline and diesel rose on average in the last week by 1.8% and 3.4%, respectively, confirming their upward trend by chaining their fifth consecutive rise, which in the case of the first fuel makes it return to levels a year ago in the middle of the holiday season.

According to the European Union (EU) Oil Bulletin, which collects data from more than 11,400 service stations in Spain between August 1 and 7, the average price of gasoline stood at just over 1.68 euros. the liter, while diesel cost almost 1,553 euros.

Its fifth consecutive advance leaves gasoline at records not seen since mid-2022, in the midst of the energy crisis due to the Russian invasion of Ukraine, with the difference that at that time the discount of 20 cents per liter approved by the Government.

Always applying the aforementioned reduction, the average price of this fuel between July 26 and August 1 of last year was 1,702 euros/liter (without bonus it would have been 1,902 euros/liter), coinciding with the large operation coming out of that summer.

A week later, the liter of gasoline fell to 1.66 euros, discount included (without it, it would be 1.86 euros).

However, it must be taken into account that the comparison made by EFE is made based on the final prices paid by users of service stations in Spain, so that it incorporates the effect of the 20 cent discount in 2022.

Without considering this measure and taking as a reference only the gross average published by the Oil Bulletin, gasoline in the last week was close to 1.688 euros/liter (or 1.488 euros with a discount) that marked between November 29 and 5. from December.

Diesel, on the other hand, marks its highest value since the 1,546 euros/liter at the end of last March.

Therefore, gasoline -now without bonus- is 1.2% more expensive than a year ago, while diesel costs 6.11% less.

In relation to the first week of this 2023, in which the effects of the discount were still being felt in the last days of December, gasoline has become more expensive by almost 21.5% and diesel by 6.37%.

If we look at the data from a month ago, the first fuel is now 5.4% more expensive, and the second, 7.8%.

The prices of both fuels, yes, are far from the historical highs that they reached in June 2022, since gasoline costs 13.4% less and diesel, 18.3% less.

At current prices, filling a 55-liter tank with gasoline costs 92.4 euros, while if it is refueled with diesel, the price is 85.41 euros, which represents an increase of 1.1 euros compared to a year ago and a reduction of about 5.6 euros in the second.

Immersed in a scenario of rising oil prices, fuels in Spain were again below the average of the Twenty-seven of the European Union, where the price was around 1,802 euros per liter of gasoline, and around 1,689 euros for diesel oil.

They were even more expensive in the eurozone, where a liter of gasoline was paid on average at 1,862 euros, and diesel, at more than 1,725 euros.

Far from all-time highs