The earthquake on oil and gas prices affects the pockets of motorists. The price of petrol and diesel, both in the self-service mode and in the served mode, it continues to rise, while the cost of car methane and LPG tbreak new records. It is therefore good that all motorists who go to the petrol station these days to fill up with fuel prepare themselves for what awaits them.
PETROL AND DIESEL: HERE ARE THE NEW AMOUNTS
Based on the processing of Energy Newspaper of the data communicated by the managers to the Mise's Observatory for fuel prices at 8 o'clock on 6 October, the national average price of petrol, in self mode, rises to 1,704 euro/litre (1,696 yesterday) with the prices of the various brands fluctuating between 1,697 and 1,724 euro/litre and the no logos at 1,685. Strong increases also on the average price of diesel, which in self-service mode costs 1,558 euros/litre (1,549 yesterday), with companies applying amounts between 1,550 and 1,576 euros/litre (no logo 1,538).
Even more expensive the served. In fact, petrol reaches an average price of 1,838 euro/litre (yesterday 1,832), with fluctuations ranging from 1,778 to 1,918 euro/litre (no logo 1,732), while diesel reaches 1,701 euro/litre (yesterday 1,693) with points of sale of the companies that show average prices between 1,638 and 1,780 euros/litre (no logo 1,588).
LPG AND CNG: STRONG INCREASES
Eni has revised the recommended prices for LPG upwards by 5 cents, while according to the survey by Quotidiano Energia, the average prices charged for LPG they settle between 0,760 and 0,785 euro/litre (no logo 0,755). Bad news on the methane car, whose average prices rose to 1,269-1,685 euros (no logo 1,337).
THE CAUSES OF THE INCREASES
The sharp rise in fuel prices is caused by the earthquake that hit energy, with oil and gas costs on a roller coaster for days. Yesterday, the Russian president intervened to try to appease investors' spirits Vladimir Putin. After pointing the finger at "Europe's mistakes", the Kremlin's number one opened up the possibility of increase gas supplies towards Europe, while Russian Deputy Energy Minister Pavel Sorokin said OPEC+ should not allow the market to "overheat". We recall that Russia is one of the main gas suppliers for Europe, accused by EU politicians of not having significantly increased supplies to respond to increased demand. Concerns about inventories continue. In Europe natural gas reserves are at a minimum historic for 8 years, while consumption increases with the drop in temperatures and industrial production rises, trying to put the collapse due to the pandemic behind it. Without adequate countermeasures, therefore, Europe could soon find itself in great difficulty.
Putin's words were followed by an immediate reaction from the markets. After the gallop of the previous days, i oil prices they retreated and at 12.30 today Brent is trading at 79,91 dollars a barrel (-1,44%), while US WTI is trading down by 1,95% to 75.92 dollars a barrel. Down too i gas prices which puts the surge of recent days behind it and travels in sharp decline. In detail, Henry Hub Natural gas futures are down 4,5% to 5,42 dollars per million Btu, while the Dutch ICE futures TTF is down 16% to 90,3 euros per megaWatt per hour and the English ICE NPB by 8% at 244 pence.
