Don’t you know what the gasoline price per liter in the Spanish city of Madrid? consult immediately the most expensive and cheapest prices for this Tuesday, May 9according to information from the Ministry for the Ecological Transition and the Demographic Challenge.
With it continually changing, it’s important to stay up to date on fuel costs.
It is worth mentioning that fuel prices depend on a number of variablessuch as the international crude oil priceof products and of the dollaras well as by taxesfurther distribution expenses and commercialization.
The first three items are defined by the market, taxes are set by government authorities, and the distribution and marketing margin depend on geographic location, relations between oil companies and distributors, among others.
The most expensive cost reported for the Diesel A in the Spanish city it is 2,259 euros per liter, while the most affordable is 2 euros per liter. About him Diesel A Premiumthe highest price registered is 2.999 euros per liter, for its part, the cheapest is located at 2.06 euros per liter.
For the Petrol 95 E10the highest value recorded is 1,869 euros per liter, while the lowest is 1,799 euros per liter.
Refering to Petrol 95 E5, the most unaffordable cost reported in Madrid is 2.299 euros per liter, while the cheapest is at 1.95 euros per liter. In the case of the Gasoline 95 E5 Premiumthe highest price recorded at 1,899 euros per liter, while the cheapest is at 1,836 euros per liter.
The most unaffordable value of the Petrol 98 E10 that is registered in the capital of the country is 1,995 euros per liter, for its part, the cheapest is located at 1,819 euros per liter. Meanwhile, the highest value of the Petrol 98 E5 that is reported in the Spanish city is 1,995 euros per liter, for its part, the lowest is 1,819 euros per liter.
In the case of biodieselthe most expensive price registered in the capital of the country is 1,999 euros per liter, while the most affordable is located at 1,789 euros per liter.
For him bioethanolthe highest cost reported is 2,499 euros per liter, while the lowest is located at 1,862 euros per liter.
The most unaffordable cost reported for the Liquefied natural gas is 1,565 euros per liter, while the cheapest is at 1,565 euros per liter.
Finally, regarding the Liquefied petroleum gasthe highest price reported is 1.169 euros per liter, while the most affordable is 1.15 euros per liter.
In the particular case of information published in this note on fuel prices in Madridthis and that of the rest of Spain is updated on the official page of the “Geoportal of gas stations” of the Ministry for the Ecological Transition and the Demographic Challenge.
For this, each of the gasoline station operators must send your costs at least once a week -every Monday- or whenever their costs change.
Those gas stations that do not update their price data not only They stop appearing in the “Gas Stations Geoportal” but also can be denounced for breach.
Fuel stations may also be penalized for report prices different from those actually offered to his clients.
In the case of the general costs of gasoline, their variation depends on various factors, both national and international.
Although, the international oil price It is the basis for knowing the price at which a liter of fuel can be sold, the truth is that it does not depend directly.
First, it must be considered that in international markets, the oil is quoted in dollarswhile in Spain fuels are sold in euros.
If the international price of oil drops 5%, but during the same period the dollar appreciates 10% against the euro, it is to be expected that the sale price of gasoline in euros will rise. And vice versa.
To this we must add two factors: the trade margin, which changes daily, like the international price of oil and the exchange rate; as well as the special taxeswhich may vary annually.
