The price of Brent crude for December delivery rose 1.67% compared to the previous closing, exceeding 115 dollars per barrel in the London futures market on 23 October.
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The government raised the 2026 emission limit for Certificates of Aforro and Treasury from 10 billion to 16 billion euros. Published in the Diário da República on Friday, 23 October 2026, the order by Minister of Finance Joaquim Miranda Sarmento follows private demand significantly exceeding forecasts. Limits on other public debt instruments were adjusted, while Treasury bond and bill emission caps were lowered.
The price of petrol is set for a sharp decrease next week, with a potential drop of 8 cents per litre. However, this relief will be partially offset by a 1-cent-per-litre increase in the ISP (petroleum products tax) tax, which also carries an additional effect from VAT, tempering the final reduction at the pump.
New taxi regulations took effect on Friday, 23 October 2026, including a lower starting fare. However, drivers have until January 2027 to implement these changes, meaning current fares may vary depending on whether the taxi has updated its meter.