Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

The price of gasoline in Spain rises for the fifth consecutive week and approaches its annual maximum

Diesel is also rising to 1.79 euros per liter, the highest figure in the last four months.

Translated from Spanish Read in Spanish

The price of gasoline in Spain rises for the fifth consecutive week and approaches its annual maximum

Fuel prices are rising in Spain for the fifth consecutive week. The average price of petrol at the pumps from July 27 to August 3 was €1.69, while that of diesel rose to €1.79, according to the EU's latest oil bulletin published on Wednesday. In percentage terms compared to the previous seven days, the average cost increased by 2.6% and 4.1% respectively.

These data, which already reflect the impact of the gradual withdrawal of fuel subsidies, are close to this year's highs, which were recorded after the start of the war in Iran, when petrol reached €1.73 per litre and diesel €1.88.

Translated by urgent.news. Machine-written — may contain errors; check the original before relying on it.

Read the original at elpais.com →

More in Finance & Markets

More from Wednesday 5 August →