Fuel prices rose at the start of the week, due to the war in the Middle Eastwhose effects on the oil industry are increasingly visible.
The liter of diesel skyrockets 19 centswhile the liter of gasoline advances 7 centsthis Monday, March 9th. At issue are less pronounced increases than those estimated, as the ACP had advanced with the forecast of increases of 23 and 7.5 cents, respectively.
It is certain that the extraordinary discount on the Tax on Petroleum Products (ISP) It was the Government’s measure to curb the increase in fuel prices. In this context, the increase in diesel did not exceed 19 cents, below the 25 cents it would have increased without this discount.
On the other hand, the increase in the price of gasoline is less than 10 cents per liter, so discount does not apply.
International markets wake up on the rise again
The rise in prices at gas stations is linked to the rise in demand for oil futures contracts. It is worth remembering that prices have been rising sharply since the beginning of last week.
Only on Monday morning, the same shoot 13%due to the escalation of the war in the Middle East, reaching the lowest value since 2022. The closure of the Strait of Hormuz and the destruction of oil industry infrastructure are key points in this chapter.
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