Latest news and stories about fuel prices in environment in Portugal for expats and residents.
Data indicates that the demand for fuel in Portugal remains higher than the average observed across Europe.
The Portuguese government is increasing the temporary ISP tax discount on diesel and petrol to mitigate expected price hikes caused by geopolitical instability in the Middle East, despite projected increases at the pump.
The article analyzes the economic impact of rising fuel prices in Portugal, highlighting the inflationary pressure on essential goods and the government's perceived inaction compared to neighboring Spain. It advocates for targeted fiscal interventions to support families and businesses while questioning the long-term sustainability of current tax policies.
David Pontes argues that a combination of energy conservation and price adjustments is a necessary and responsible strategy to address the current energy crisis.
Prime Minister Luís Montenegro faces a heated parliamentary debate as opposition parties criticize the government's response to rising fuel prices triggered by the conflict in Iran.
On Thursday, Brent had already risen 4%, due to increased tension in the Middle East and fears of new disruptions in oil supply.
Rising fuel prices are leading many families to opt for these vehicles, even those most resistant to change.
Portugal has already completed the release of two million barrels of petroleum products from its strategic reserves, as agreed within the scope of the International Energy Agency (IEA) in March. Faced with the challenge now issued by the same agency to increase the release of diesel barrels, Portugal states it is available for this 'reflection'.
The supply of Russian diesel implies a relaxation of the sanctions applied to the Moscow regime. “I think that most countries will turn a blind eye once again,” warns an Energy expert.
Galp's refining margin more than tripled in the third quarter to 33.8 dollars per barrel of oil equivalent, according to preliminary data released this Monday, October 12, by the oil company. According to the trading update, the refining margin rose from 9.5 dollars per barrel in the same period last year and more than doubled from the 16.8 dollars recorded in the previous quarter. In the upstream segment (exploration and production), Galp reported an average production of 131,000 barrels of oil equivalent per day, an increase of 14% year-on-year and 3% quarter-on-quarter. The increase in refining margins occurs amid global fuel supply constraints due to the conflict in the Middle East, which has impacted refinery operations and exports from the Persian Gulf, particularly diesel. Supply pressure has also been exacerbated by Ukrainian attacks on Russian refineries, according to the International Energy Agency (IEA). Oil accounted for 90% of total production, up from 86% in the same period of 2025 and 88% in the previous quarter. In the industrial and midstream (transport and storage) segment, the volume of raw materials processed fell 2% both year-on-year and quarter-on-quarter, to 22.2 million barrels of oil equivalent. Supply of oil products reached 4.1 million tonnes, an increase of 1% year-on-year and 7% compared to the previous quarter. Natural gas stood out again, with supply and trading volumes growing 26% year-on-year to 21.4 terawatt-hours. In customer sales, oil products fell 1% compared to the same period in 2025, while natural gas sales rose 16% and electricity sales grew 37%. In renewables, installed capacity reached 2.7 gigawatts, up 64% year-on-year and 18% compared to the previous quarter. Renewable energy sold amounted to 1,174 gigawatt-hours, 42% more than in the third quarter of 2025 and 32% more than in the previous quarter. Galp will present its full third-quarter results on October 26.
The agreement means EU countries will for now only release the barrels agreed in March.
Agostinho Pereira Miranda, a lawyer specializing in energy, analyzes the G7's decision to release up to 100 million barrels of crude oil and diesel.
The G7 agreed to release 100 million barrels of oil in a coordinated manner over the next four months through the International Energy Agency.
Graça Carvalho reinforced that Brussels must consider “the diversity of the countries” and revealed that she will submit questions “in writing” in response to the letter sent by the European Commissioner for Energy.
The Minister of Energy requested today in Brussels that the European Union (EU) be “more involved” in the current fuel crisis, advocating for a coordinated community response that takes into account the different realities of the member states.
Pedro Sampaio Nunes, an energy expert, does not believe it is possible for the fuel price crisis to pass without an end to the war in the Middle East, and also states that it is not Europe that will solve the climate crisis problem.
The U.S. supplies more than half of Europe's diesel, and a ban would be “very serious” for the continent's energy supply.
Brussels and the IEA are asking governments to curb oil consumption. Portugal has opted to lower taxes, and consumption continues to rise. Is saving possible without alternatives to the car?
Home News Environment Minister urges Portuguese to reduce fuel consumption Environment Minister urges Portuguese to reduce fuel consumption Maria da Graça Carvalho, the Minister of the Environment, mentioned a rise in fuel prices, pointing out that the country should economise on its consumption.
The Minister of Environment and Energy, Maria da Graça Carvalho, explained on CNN Fim de Tarde the Government's options for helping the population and vulnerable sectors of the economy due to the rise in fuel prices.
The Minister of Environment expresses criticism towards the opposition regarding fuel policies.
The conflict has led to a significant increase in fuel prices, resulting in an additional expenditure of €1.3 billion for the Portuguese economy.
The President of Ukraine says that Moscow intends to reach 2027 with half a million soldiers on the ground. Also in this edition, Iran threatens to retaliate against the US economic war.
IPMA forecasts occasional heavy showers, accompanied by thunderstorms and strong winds. Furthermore, the PCP leader guarantees that if the AD executive wants to 'get its hands' on taxpayers' money, it will be defeated.
Access the digital edition of the Diário de Notícias newspaper for Monday, August 24.
The study was requested by the Minister of Environment and Energy during a period of high volatility in international energy markets.
Markets react with optimism to the pause in bombing, following two weeks of strikes. Additionally, mainland Portugal is under a yellow weather warning for heat until Tuesday, with the exception of Faro.
The King of Spain highlighted that “there are some positive signs in the evolution of the fire and the work of all the mobilized personnel”. Additionally, the PS criticises the Government for the rise in fuel prices.
A policy that costs a lot and measures little is not an environmental policy, it is a moral policy, which uses the environment as a foundation and the citizen as a financier.
The escalation between Washington and Tehran and Houthi attacks on oil tankers in the Red Sea have pushed crude to a new two-month peak, threatening to stall disinflation and increase energy costs.
