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BackFuel prices: over half of the distributors below the established thresholds
Fuel prices: over half of the distributors below the established thresholds
NEWS
Sky TG241 hour agoBusiness1 min readItalyView original

Fuel prices: over half of the distributors below the established thresholds

Minister Adolfo Urso comments on the Observatory data: over 50% of plants adhere to the price cap on petrol and diesel.

Quick Look

  • The Observatory notes that over 50% of Italian distributors keep petrol and diesel prices below the thresholds of 2 euros and 2.20 euros per litre.
  • Minister Adolfo Urso praises the adherence to the social responsibility model promoted by the Government.

AI-generated summary

Why It Matters

The price cap on fuel was introduced at the request of the Italian Government, with the initial support of Eni and subsequently of other operators in the sector.

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Specifically, the Observatory detected 20,141 petrol stations: of these, 10,413 kept the price below 2 euros per litre. For diesel, 20,147 distributors were detected, of which 10,519 kept the price below 2.20 euros per litre.

In percentage, 51.7% of the plants charge petrol prices below 2 euros per liter and 52.2% keep the price of diesel fuel below 2.20 euros per litre.

"A result far superior to forecasts: in a few days the price cap exceeded half of the national network", comments the Minister of Business and Made in Italy Adolfo Urso who underlines: "This is a significant result which confirms the validity of a model of social responsibility which can also represent an example in Europe".

The price cap was initially introduced by Eni, which had accepted the Government's appeal, and was then joined by IP-Socar, Q8 and Tamoil.

Today on the road network the price has dropped to 2.052 euros per liter for petrol and 2.247 euros for diesel.

Open Questions

  • How long will companies voluntarily adhere to the price cap last?

Related Topics

This article was originally published by Sky TG24.

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