Cabo Verde Fuel Prices Rise 10.7%, Reaching 2012 Peaks
1 report, 1 independent
Updated Oct 6
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What happened
The Cabo Verde regulator, ARME, set monthly fuel prices, which took effect on October 1, 2026. Prices rose by an average of 10.7% for petrol and diesel. Petrol reached 197.20 escudos (US$2.01) a litre, while normal diesel reached 190.30 escudos (US$1.94) a litre.
From riotimesonline.com
Why it matters
The price hikes are attributed to a surge in world oil prices and a weaker euro. The ARME pricing structure means the increases are passed through to consumers and businesses using these fuels.
From riotimesonline.com