Fuel: CGIA: “In October, we’re paying a billion more than last year”

Fuel: CGIA: “In October, we’re paying a billion more than last year”
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Rome, 3 Oct. (LaPresse) – “Although Eni and other oil companies have decided to cap petrol and diesel prices for October, the bill remains steep: compared with the same month last year, Italian households and businesses will still spend an extra 1.1 billion euros. The country’s major metropolitan areas will be hit hardest, with Rome at the top of the list (+€68.5 million), followed by Milan (+€49.5 million), Naples (+€39.6 million), Brescia (+€31.2 million), Turin (+€27.8 million) and Bari (+€25.6 million)”. The calculations were carried out by the CGIA Research Department, which compared the average prices of unleaded petrol and diesel paid in 2025 with those estimated for 2026, assuming that the same amount of fuel will be consumed this year as last year. In essence, despite the temporary discount introduced in recent days by many major oil companies operating in Italy, the price rises for motorists and businesses remain very steep. Since the start of the conflict, in fact, the average price of petrol at the pump has risen by 29.1 per cent, whilst that of diesel has risen by as much as 36.6 per cent. “Until the conflict in the Middle East comes to an end, it is difficult to imagine that prices at the pump will return to pre-crisis levels. Supply tensions, uncertainty over crude oil routes and volatility in the energy markets continue to be reflected in the price of petrol and diesel. According to the CGIA, it is commuters who are paying the highest price – particularly those living in areas poorly served by public transport, for whom the car is the only real alternative for getting to work. For many families, fuel costs have become a fixed and burdensome expense, eroding purchasing power and forcing them to cut back elsewhere. Businesses are even more vulnerable: hauliers, farmers, fishermen, taxi drivers and small service firms are seeing their operating costs rise, often without the ability to pass these on to customers. Whilst we await a geopolitical solution – which is beyond our control and, unfortunately, has no definite timeframe – the practical question remains: where can we find the resources to alleviate these price rises? Broadly speaking, there are a couple of possible avenues, and neither is without its drawbacks.”

Rome, 3 Oct. (LaPresse) – “Although Eni and other oil companies have decided to cap petrol and diesel prices for October, the bill remains steep: compared with the same month last year, Italian households and businesses will still spend an extra 1.1 billion euros. The country’s major metropolitan areas will be hit hardest, with Rome at the top of the list (+€68.5 million), followed by Milan (+€49.5 million), Naples (+€39.6 million), Brescia (+€31.2 million), Turin (+€27.8 million) and Bari (+€25.6 million)”. The calculations were carried out by the CGIA Research Department, which compared the average prices of unleaded petrol and diesel paid in 2025 with those estimated for 2026, assuming that the same amount of fuel will be consumed this year as last year. In essence, despite the temporary discount introduced in recent days by many major oil companies operating in Italy, the price rises for motorists and businesses remain very steep. Since the start of the conflict, in fact, the average price of petrol at the pump has risen by 29.1 per cent, whilst that of diesel has risen by as much as 36.6 per cent. “Until the conflict in the Middle East comes to an end, it is difficult to imagine that prices at the pump will return to pre-crisis levels. Supply tensions, uncertainty over crude oil routes and volatility in the energy markets continue to be reflected in the price of petrol and diesel. According to the CGIA, it is commuters who are paying the highest price – particularly those living in areas poorly served by public transport, for whom the car is the only real alternative for getting to work. For many families, fuel costs have become a fixed and burdensome expense, eroding purchasing power and forcing them to cut back elsewhere. Businesses are even more vulnerable: hauliers, farmers, fishermen, taxi drivers and small service firms are seeing their operating costs rise, often without the ability to pass these on to customers. Whilst we await a geopolitical solution – which is beyond our control and, unfortunately, has no definite timeframe – the practical question remains: where can we find the resources to alleviate these price rises? Broadly speaking, there are a couple of possible avenues, and neither is without its drawbacks.”

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