Andorra Fuel Prices Set to Plunge to €1/Litre Amid Oil Market Slump
Europe's falling petrol and diesel prices, driven by excess oil supply and EV rise, could drop Andorra fuel to €1 per litre from 2026.
Key Points
- Europe sees weeks of petrol/diesel price drops, accelerating in 2026 per RTVA.
- Oil market shift from excess supply, economic slowdown, and China EV boom.
- Crude could hit $30/barrel, last seen in 2016, with building inventories.
- Andorra fuel may reach €1/litre, but impacts green energy transition uncertain.
Fuel prices in Andorra could drop significantly in the coming months if current trends in energy markets solidify. Late in 2025, Europe has seen several consecutive weeks of declines in petrol and diesel prices, signalling a potential shift that analysts expect to accelerate from 2026, according to RTVA reports.
The international oil market appears headed for a cycle change driven by excess supply and demand growth lagging behind expectations. This could push the price of a barrel down to $30, a level last seen in 2016. Key factors include overproduction by major exporting nations, a slowdown in the global economy, and the rapid rise of electric vehicles—particularly in China—which have saturated the market.
With production outpacing consumption and inventories continuing to build, downward pressure on crude prices is mounting. Should this pattern hold, petrol and diesel in Andorra might fall to around €1 per litre, easing energy costs for European consumers.
The situation raises questions about the effects of cheap oil on the shift to cleaner energy sources, though markets await confirmation that the downturn will persist.
Original Sources
This article was aggregated from the following Catalan-language sources: