How To Guides
- Childbirth & Education
- Legal Formalities
- Pensions & Benefits
- Property & Accommodation
Did you know...?
- Airports and Airlines Spain
- Paramount Theme Park Murcia Spain
- Corvera International Airport Murcia Spain
- Daily brief -Tuesday 26 May 2015
- When Expat Eyes Are Smiling
- Meet Wincham at The Homes, Gardens & Lifestyle Show, Calpe
- QROPS 2014
- Spain Increases IHT in Valencia & Murcia
- Removals to Spain v Exports from Spain
- The Charm of Seville
- Gibraltar Relations
- Retiro Park : Madrid
- Wincham announce opening of Marbella office
- Community Insurance in Spain
- Calendar Girls
- Considerations when Insuring your Boat in Spain
- QROPS – HMRC Introduces changes that create havoc in the market place
- QROPS – All Change From April 2012
Petrol up by €5 on same week 2011
The cost of Petrol and Diesel in Spain has already increased by an average of 5.07% and 6.82% respectively, during the month of July after registering a further increase in the last week, according to Oil Bulletin European Union.
A Liter of Petrol has increased 1.92% since last week to reach an average of €1.43, while diesel has increased by 2.99% to reach €1.38.
When compared to the same week of 2011, prices are up by 7.18% and 7.73% respectively.
In relative terms this means that a 55 liter tank of Petrol now cost €78.65 this week (an increase of €4.5 on 2011), with diesel increasing to €74.25 euros (€3.6 more than in the same week in 2011).
In the year up to last week Petrol, which first exceeded the €1.40 euros the week of February 20th,has increased by 3.31%, while diesel, which exceeded €1.30 euros in April, increased by 0.15%.
However, these price increases have not been influenced by recent changes to the cost of crude oil, which is currently trading at $105 per barrel - way below it's 2008 high of $146.
These prices are still below the average cost for 95 Octane unleaded Petrol across the 27 EU member states - now at €1.645 per liter, with a liter of Diesel costing an average of €1.468.
Latest News & Stories
- Amazon starts paying Spanish corporate tax on retail sales
- EU Nationals resident in UK denied referendum vote
- Vodafone Spain to increase fibre optic speed to 300 Mbps
- Catalan Independence Bid Hit by Podemos’s Barcelona Win
- Spain's ruling PP gets worst local election result in 20 years
- Spain bans ‘Indignados’ march planned for Saturday in Madrid
- Spain announces EU1.26 Bln suburban rail spend
- Spain to make another EU bailout repayment