Temperature-driven metal-insulator and pressure-driven insulator-metal transitions observed in (BEDT-TTF) 8 [Hg 4 X 12 (C 6 H 5 Y ) 2 ] with X = Y = Br are studied through band-structure calculations based on x-ray crystal-structure determination and Shubnikov-de Haas (SdH) oscillation spectra, respectively. In connection with the chemical pressure effect, the transition, which is not observed for X = Cl, is due to a gap opening linked to structural changes as the temperature decreases. Even though many-body interactions can be inferred from the pressure dependence of the SdH oscillation spectra, all the data can be described within a Fermi-liquid picture.