HIGH-SPEED rail services between Spain's largest two cities and France have been snapped up by half a million passengers in less than nine months, reveals the transport board.
Petrol and diesel prices plummet in time for Christmas
16/12/2018
PETROL and diesel have dropped in price and are set to remain this way until the weekend before Christmas at least thanks to a fall in crude oil costs.
Lead-free 95 petrol is down to an average of €1.224 per litre – 1.45% lower than at the beginning of the year – whilst diesel has fallen to €1.176 per litre, which is 2.62% higher than at the start of 2018 but a considerable drop on a month ago.
In mid-November, petrol was 6.92% more expensive and diesel, 6.89% higher in price.
Filling up an average tank to the brim – about 55 litres – now costs a typical €67.32 in petrol or €64.68 in diesel.
Petrol has become slightly cheaper since a year ago – down by 0.81% - whilst diesel has gone up by 3.8%, and could well start to climb in the coming year due to government announcements about an additional tax on this type of fuel.
Current prices remain well below their historic high of September 2012, when petrol was on average over €1.50 a litre, or nearly 20% more expensive than now, whilst diesel is 18.62% cheaper than at peak price time.
The main reason for falling motor fuel costs is that Brent oil has plummeted in price by 30%, and is now fighting not to drop below US$60 a barrel.
This is partly because of a spike earlier in the year, says analyst Victoria Torre of SelfBank – crude oil reached an unsustainable high of US$80 per barrel.
Related Topics
PETROL and diesel have dropped in price and are set to remain this way until the weekend before Christmas at least thanks to a fall in crude oil costs.
Lead-free 95 petrol is down to an average of €1.224 per litre – 1.45% lower than at the beginning of the year – whilst diesel has fallen to €1.176 per litre, which is 2.62% higher than at the start of 2018 but a considerable drop on a month ago.
In mid-November, petrol was 6.92% more expensive and diesel, 6.89% higher in price.
Filling up an average tank to the brim – about 55 litres – now costs a typical €67.32 in petrol or €64.68 in diesel.
Petrol has become slightly cheaper since a year ago – down by 0.81% - whilst diesel has gone up by 3.8%, and could well start to climb in the coming year due to government announcements about an additional tax on this type of fuel.
Current prices remain well below their historic high of September 2012, when petrol was on average over €1.50 a litre, or nearly 20% more expensive than now, whilst diesel is 18.62% cheaper than at peak price time.
The main reason for falling motor fuel costs is that Brent oil has plummeted in price by 30%, and is now fighting not to drop below US$60 a barrel.
This is partly because of a spike earlier in the year, says analyst Victoria Torre of SelfBank – crude oil reached an unsustainable high of US$80 per barrel.
Related Topics
More News & Information
LOW-COST self-service petrol station chain Ballenoil plans to open a further 110 premises in Spain this year on top of the 233 it already operates nationally.
LEARNING to drive may sound as thrilling as it is daunting, but can be one of the most frustrating times in a young adult's life – and one of the most expensive, too.
EVERY now and again, Spain's traffic authority launches a campaign to remind drivers of what they should and should not be doing, or to answer common questions – such as, can drivers be fined if passengers do not...