Competition Authority begins publication of Monthly Bulletin of Liquid Fuel Statistics

Today, the Competition Authority (CA) begins publication of the Monthly Bulletin of Liquid Fuel Statistics, as previously announced.

Publication of this monthly bulletin fits into the CA's policy of regularly monitoring the liquid fuel market. Accordingly, the bulletin complements the quarterly Newsletters on liquid fuels and bottled gas that the CA has been publishing regularly since 2004. In this way, the CA hopes to contribute further to a better knowledge of the market, which, in turn, may allow debate on the matter to be founded on comparative data from regular monthly statistical series that reflect a shorter time-lag than the quarterly Newsletters.

The Monthly Bulletin published today is available at the CA's Internet site (www.concorrencia.pt).

The Monthly Bulletin provides information on liquid fuel prices and quantities. It is divided into three parts.

The first part analyses price movements, using graphics and highly succinct commentaries. The price statistics published in the Monthly Bulletin are as follows:

  • The one-month futures prices of crude oil (Brent), in dollars per barrel (USD/bbl)
  • The international spot prices (Platts, Rotterdam, FOB NWE) of 95-octane petrol and road diesel fuel, in euros per litre (€/lt);
  • The average pre-tax prices (APTP) and average retail prices (ARP) of 95-octane petrol and road diesel fuel, on the mainland, in euros per litre (€/lt).

The second part analyses the development of quantities, also using graphics and highly succinct commentaries. The statistics on quantities published in the Monthly Bulletin are as follows:

  • National demand for petrol and road diesel fuel (inside and outside the network), in millions of litres (or thousands of m3);
  • National petrol and road diesel fuel imports, in millions of litres (or thousands of m3).

The third part, which takes the form of a statistical appendix, includes tables with the monthly statistics on average prices and, in quantitative terms, on demand and imports.

In principle, the Monthly Bulletin will be published at the end of the month following that to which the latest price statistics available refer. Thus, the Monthly Bulletin for September 2009 releases the monthly price statistics up to August 2009.

Given the publication period mentioned, the updating of the quantitative statistics on demand and imports reflects a slightly greater time-lag than those for price, on account of the fact that the information sources register a longer lag in making them available. Therefore, as an example, in the Monthly Bulletin for September 2009, the latest monthly data on the national demand for liquid fuel relates to June 2009 and that for imports relates to July 2009.

(Nº: 18/2009)