Cape Verde Diesel prices, 08-Jul-2024

The current price of diesel fuel in Cape Verde is CVE 123.70 per liter or USD 1.21 per liter based on the latest update from 08-Jul-2024. For comparison, the world average diesel price is USD 1.18 per liter.
Cape Verde
Diesel prices
 Current price 1.21
 Measure USD/Liter
 Last update 2024-07-08
 Data availability from 2014-07-28
 Data frequency Weekly
Source: Agência Reguladora Multissetorial da Economia (ARME)


We show diesel price data for Cape Verde from 2014-07-28 to 2024-07-08. The average diesel price during that period is CVE 105.42 per liter with a minimum of CVE 62.70 on 2020-05-04 and a maximum of CVE 181.30 on 2022-07-04. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Cape Verde every week.


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Diesel prices
Price (CVE/Liter) Percent change
 Current price 123.70 -
 One month ago 120.90 2.3 %
 Three months ago 128.30 -3.6 %
 One year ago 120.50 2.7 %


Our data on: CNN Bloomberg Reuters



Cape Verde Diesel prices: The last eight weeks

Cape Verde Diesel prices: The last eight weeks

Cape Verde Diesel prices, liter, Cape Verde Escudo


Cape Verde Diesel prices: Historical graph; 2014-07-28-2024-07-08
* A long flat line means that the government fixes the prices.
Cape Verde: Diesel price analytics
    Value
Percent of world average diesel price     92.25%
Correlation with crude oil prices     0.83
Percent change if oil prices increase 10%     3.44%
Correlation with USD exchange rate     -0.79
Price flexibility index: 0 (low) - 1 (high)     0.24
Correlation with gasoline prices     0.87
Percent of gasoline price     83.38%
Cost of 40 liter tank, percent of income     15.89%
Diesel consumption, percent of income     0.72%
Updated monthly. Methodological notes
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