Gasoline prices change every day (GlobeLiveMedia)

Before filling the tank of your vehicle, check what it is the prices of the main species in the Spanish city of Madrid this April 17 published by the Ministry of Ecological Transition and Demographic Challenge.

The cost of fuel varies daily, so it is important to know its highest and lowest value.

It should be mentioned that the cost of fuel depend on a number of factorsas the international crude oil priceof products there dollarsas well as by taxesfurther distribution fee there marketing.

The first three variants are defined by the market, taxes are set by government authorities, and the distribution and marketing margin depends on geographical location, relationships between oil companies and distributors, among others.

biodiesel
Maximum price: 1,999 euros per liter
Minimal price: 1,869 euros per liter

Bioethanol
Maximum price: 2,499 euros per liter
Minimal price: 1,739 euros per liter

Liquefied natural gas
Maximum price: 1,565 euros per liter
Minimal price: 1,565 euros per liter

Liquefied petroleum gases
Maximum price: 1,209 euros per liter
Minimal price: 1.16 euros per liter

Diesel A
Maximum price: 2,259 euros per liter
Minimal price: 2,111 euros per liter

Top quality diesel
Maximum price: 2,999 euros per liter
Minimal price: 2,109 euros per liter

Gasoline 95 E10
Maximum price: 1,929 euros per liter
Minimal price: 1,859 euros per liter

Gasoline 95 E5
Maximum price: 2,299 euros per liter
Minimal price: 2,111 euros per liter

Petrol 95 E5 Premium
Maximum price: 1,899 euros per liter
Minimal price: 1,884 euros per liter

Gasoline 98 E10
Maximum price:1,995 euros per liter
Minimal price: 1,789 euros per liter

Gasoline 98 E5
Maximum price: 2,999 euros per liter
Minimal price: 2.5 euros per liter

The price of fuel in Madrid changes every day (Reuters)
The price of fuel in Madrid changes every day (Reuters)

In the particular case of the 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 Service Stations” of the Ministry of Ecological Transition and Demographic Challenge.

For this, each service station operator is required to send your fees at least once a week -every Monday- or whenever their prices change.

Service stations that do not update their cost data not only will disappear from the “gas station geoportal” but also can be denounced for breach.

Service stations can also be penalized for declare costs other than those actually offered to its customers.

In the case of gasoline prices in general, their variation depends on various factors, both national and international.

Although the international oil price This is the basis for knowing the price at which a liter of gasoline can be sold, the truth is that it does not depend directly.

Firstly, it must be considered that on international markets, the oil is quoted in dollarswhile in Spain fuels are sold in euros.

If the international price of oil drops by 5%, but during the same period the dollar appreciates by 10% against the euro, it is to be expected that the selling price of fuel in euros will increase. And vice versa.

To this must be added two factors: commercial margin, which changes daily, such as the international price of oil and the exchange rate; as good as special taxeswhich may vary annually.

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