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Do you use diesel? Find out why it’s more expensive than gasoline

Do you know the reasons why diesel is more expensive than gasoline? The war helps to explain the phenomenon, but it is not the only reason.

When buying a car, the option often fell on a diesel vehicle. However, this no longer seems to be such an advantageous option, as the price of diesel is higher than that of gasoline. The reasons for this rise are several.

One of them is that the refining of this fuel depends on third markets, namely the Russian one. Something that doesn’t happen with gasoline, which is refined in Europe.

As supply chains are in the process of restructuring, and until alternatives are consolidated, this upward trend is expected to continue.

In addition, the scenario is one of scarcity and demand is intense. Other countries, such as the US or China, are also looking to meet their supply needs, keeping the price of diesel under pressure.

meet in this Positive Balance article all the reasons for the price difference between diesel and petrol.

Why is diesel more expensive?

If you bought a diesel car with a view to saving money, you may be spending more than you would like now. After all, what about the price of diesel? Find out in this Positive Balance article.

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O Positive Balance is the financial literacy website of Caixa Geral de Depósitos and aims to make life easier for Portuguese people with regard to money management with regular publication of articles, news, guides and infographics.

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