Global oil market disruptions, compounded by tensions in the Middle East, have led to an 11-week streak of rising petrol prices in Spain, with significant impacts on consumers. As of September 17, the national average price for regular petrol surged to €1.866 per litre, marking a weekly increase of 2.88%. Diesel prices also rose, reaching €1.834 per litre after previously experiencing a slight decline.
The situation is particularly pronounced in Aragón, where prices at more than 150 service stations have already surpassed the €2 per litre mark. Spain’s heavy reliance on imported crude oil makes it vulnerable to such international price fluctuations, which are now translating into higher costs at the pump for Spanish motorists.
The pressure on consumers could intensify as the Spanish government’s temporary fuel discount is set to expire on September 30. Currently, this measure provides a reduction of 5 cents per litre for petrol and 20 cents for diesel, offering some relief amidst the rising costs. However, industry estimates warn that the end of this discount could see diesel prices exceed €2 per litre, with petrol prices not far behind.
With costs continuously rising, price disparities between service stations are becoming more significant, prompting motorists to seek out more affordable options. As household fuel expenses climb, comparing prices across different locations is increasingly important for those looking to mitigate the financial impact.