Spanish drivers hit by three monthly consecutive price increases of diesel, gasoline

The average prices of diesel and 95-octane gasoline have increased for three consecutive months, the Spanish pro-competition authorities of the CNMC (Spanish acronym for National Commission of Markets and Competition) said in a statement issued at the end of May.

The authority said that according to the information it compiles, BP had been offering, according to the latest figures available, the best diesel prices while all of the three big operators have similar prices for gasoline.

Spain has some of the highest fuel prices in the European Union, the CNMC said.

It added that margins of retailers, however, fell in April, according to the information it tracks.

Demand for fuels in March was 1.3% higher than in the same month a year earlier. The highest prices in Spain are in the northwestern region of Galicia, according to the report.