Latest news and stories about fuel costs in Portugal for expats and residents.
The price of crude oil is projected to surpass 100 dollars soon, with potential to reach 150 dollars if production is halted, leading to increased fuel costs.
Diesel prices have increased by 30 cents this year, resulting in an average additional cost of 12.32 euros for filling a 40-litre tank compared to the beginning of 2026.
The Government will provide extraordinary direct support to freight transport companies, tow truck services, and agricultural cooperative producers to mitigate rising fuel costs due to the war in the Middle East, with payments ranging from 114 to 420 euros per vehicle, as a response to the increase in energy costs, it was announced...
The president of the National Association of Public Road Freight Transporters (Antram) met this Monday with the Minister of Infrastructure, Miguel Pinto Luz, expressing satisfaction with the outcome of the meeting, in which transporters asked the Government for dedicated extraordinary support in the face of the accelerated increase in fuel costs. 'We believe we left here with the...'
The European Commission is asking member states to consider reducing oil and gas consumption, particularly in the transport sector, due to the risk of prolonged supply cuts linked to the conflict in Iran, reports Politico. The request, made by European Energy Commissioner Dan Jørgensen, reflects fears that the conflict...
LNG facilities in Qatar and refineries in Kuwait were hit by Iranian missiles, while ships suffered new incidents near the Strait of Hormuz. The escalation heightens fears of energy disruption and has already caused more than 1,300 deaths in Iran.
The government announces new financial aid measures for professional diesel users to mitigate the impact of rising fuel costs.
The price of a barrel of Brent for March delivery closed today on the London futures market up 3.02% at $67.57, driven by the effects of recent winter storms in the United States.
