Lisbon, April 10, 2026 (Lusa) - Fuel prices in Portugal will fall on Monday, with diesel dropping about 5.5 cents per litre and 95-octane petrol falling 3 cents.

The National Association of Fuel Retailers (ANAREC), a group representing petrol station owners, provided these price forecasts to Lusa, which include Value Added Tax (VAT).

Based on current data from the Directorate-General for Energy and Geology (DGEG), the state energy regulator, average 95-octane petrol should cost €1.913 per litre and diesel €2.090 starting on Monday.

Analysts will close the final average late Friday. Prices may still change depending on international oil trends, while final pump costs vary by station and location.

The Monday price drop follows increases at petrol stations this week.

Recent increases reacted to rising oil barrel prices caused by the war in Iran, triggered by US and Israeli attacks and the closure of the Strait of Hormuz.

US President Donald Trump said on Tuesday he agreed to suspend bombings and attacks on Iran for two weeks in a "bilateral ceasefire" after receiving a "viable" peace proposal from Tehran.

Brent crude, the European benchmark, fell 13% on Wednesday from nearly $110 (approx. €94.16) to under $95. It rose to $97.42 on Friday morning.

JO/LYT // AYLS

Lusa