Galp expects fuel prices to remain high until the end of the year

Galp predicts that fuel prices will remain high through the end of 2026 due to European refining capacity, energy transport logistics, and ongoing geopolitical volatility. Regarding electricity, the company confirmed no price changes for its own customers for the rest of 2026, while the energy regulator (ERSE) has proposed a 1.5% increase for regulated market electricity tariffs beginning on 1 January 2027.

