Fuel Oil Price in Spain
The chart above illustrates Fuel Oil prices in Spain, in EUR/mt, from October 2024 to October 2025, as follows:
- Fuel Oil (LSFO), ind, ES: Fuel Oil (LSFO), industrial sector, Spain
- Fuel Oil (LFO), hho, ES: Fuel Oil (light), household, Spain
- Fuel Oil (HFO), exp, ES: Fuel Oil (heavy), export spot, fob, Spain
Further information about price assessments covered can be found in the assessments guide.
In October 2025, Fuel Oil (LSFO), ind, ES price was around 550 EUR per mt, reflecting a 1.1% fall compared to the previous month, and a 5.2% decrease on a year-over-year basis.
The Fuel Oil (LFO), hho, ES price was approximately 1,100 EUR per mt in October 2025, representing a 0.8% fall from the previous month's value and a 2.5% year-over-year decrease.
For Fuel Oil (HFO), exp, ES, the price in October 2025 was about 342 EUR per mt, showing a 4.6% fall from the prior month and a significant 28.2% decrease on a year-over-year basis.
Recent data, updated on May 7th, 2026, can be found in the Spain Energy Prices & Markets Report. Updated monthly, the report provides price assessments and market analyses for Fuel Oil and other oil products, encompassing domestic supply and trade dynamics. It also covers other energy commodities in Spain, presenting price assessments and market analyses of production, demand, trade, and Spain's energy self-sufficiency.
Price Assessments Covered in the Report
Access timely and reliable Fuel Oil price assessments — updated every month and backed by consistent methodologies.
Current Prices
Access up-to-date Fuel Oil price assessments released at the beginning of each month, providing consolidated and relevant market data.
Price Forecasts
View short-term Fuel Oil price projections that help you anticipate market direction and make informed decisions.
Historical Prices
Explore historical Fuel Oil price series over multiple timeframes to identify short-, medium-, and long-term trends.
Beyond Prices: Market Analyses Covered
Understand the broader energy dynamics shaping Spain's markets.
Production & Demand
Track energy production and consumption patterns to understand supply-demand dynamics across sectors.
Imports & Exports
Analyze energy trade flows and key trading partners to evaluate cross-border dependencies.
Energy Balance & Self-Sufficiency
Assess Spain's energy balance and self-reliance, identifying exposure to external supply sources.
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