In its monthly bulletin on the fuel and LPG market, the Energy Services Regulatory Authority (ERSE) specifies that in November, the average retail price (PVP) of 95 simple gasoline rose to 1.774 euros on liter, against 1.754 euros in October. and 1,717 euros in September.

“The incorporation of biofuels was the item that recorded the largest variation (in relative and absolute terms) compared to the previous month,” the report said, explaining that, “despite the fact that gasoline prices on the international market decreased compared to October, the freight value justified an increase in the quotation and freight component (+ 0.8%) in the national average PVP ”.

According to the ERSE, “the biggest component of the PVP is taxes, which in November represented about 55.2% of the total gasoline bill, followed by quotation and freight (30.1%)”.

Regarding diesel, in November, the PVP rose to 1,606 euros per liter (1,582 euros in October and 1,514 euros in September), “mainly motivated by the components of the incorporation of biofuels and costs and margins”.

According to the regulator, “this last element continued to record values ​​consistent with those verified in the pre-pandemic period”.

Still in diesel, “the largest share of the PVP paid by the consumer corresponds to the tax component (50.0%), followed by the value of the international quotation and freight (32.8%)”, we read. in the newsletter.

Hypermarkets continue to present “the most competitive offers” in road fuels, followed by operators in the “low cost” segment.

In the case of diesel, hypermarkets had average prices about 9.5 cents per liter below the national PVP average, while for gasoline the difference was 8.7 cents.