Wednesday, April 1, 2015

Gasoline rises 0.48% and 0.26% oil falls before … – Yahoo Finance Spain

(Corrects third paragraph)

Madrid, April 1 (EFE) .- The average retail price of unleaded petrol 95 gained 0.48% in the last week, while diesel has fallen 0.26% at the start of the second phase of the Easter holiday, the period in which 8 million trips are planned .

According to the latest data from the EU Oil Bulletin, a liter of unleaded 95 sells for an average of 1,267 euros more expensive than last week’s 0.48%.

As for diesel fuel, the fuel most consumed in Spain, a liter costs on average 1,156 euros, 0.26% below 1,159 euros seven days ago.

these prices, fill a 50 liter tank of gasoline costs 63.35 euros, 30 cents more than last week, while in the case of diesel amounts to 57.8 euros, 15 cents less.

At three in the afternoon special traffic operation last part of the Easter holiday officially begins, the time of year where more vehicle movements occur in such a short space of time.

The price of these two fuels started down the middle of last year in line with the collapse of oil prices in international markets-the barrel of Brent fell as 50 dollars to mark their minimum to mid-January 2015, when they began to rebound.

After two months upwards last week prices decreased retail of both.

Despite these last downs, gasoline is 10.08% more expensive than earlier in the year and diesel by 4.9%, but if we compare the current prices that was a year ago have dropped 9.37% and 12 42%, respectively.

From the highs of September 2012 the retail price of unleaded petrol has fallen 16.75% and diesel 20%.

As usual, prices in Spain are lower than the European countries. In the EU 28 diesel costs 1,271 euros per liter and gasoline 1.425 euros, while in countries with the single currency unleaded sold an average of 1,439 and 1,232 euros diesel. EFE

apc / jlm

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