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Petrol: the Zanonate effect is not felt, prices are still on the rise

Despite the minister's intervention, fuel price increases continue – Today it's Tamoil's turn with +0,7 euro cents/litre on petrol and +1 cent on diesel – Esso +0,5 cents on both products – National averages for petrol and diesel respectively at 1,838 and 1,741 euro/litre, LPG at 0,792.

Petrol: the Zanonate effect is not felt, prices are still on the rise

The invitation made by the Minister of Economic Development Zanonato to the oil companies to contain the price increases in the peak consumption season remains unheeded. Even today we are witnessing the now usual adjustment of the recommended prices. The increases come from two important players: Tamoil, with +0,7 eurocents/litre on petrol and +1 cents on diesel, and Esso, with +0,5 eurocents on both products. Meanwhile, fuel prices on international markets have stabilised, albeit at high levels.

Pump prices are still in the process of adjusting to the series of RRP hikes to date.
National averages for petrol and diesel respectively at 1,838 and 1,741 euro/litre (LPG at 0,792). The peaks in some areas of the country are 1,877 euro/litre for “green” fuel, 1,761 for diesel (rising) and 0,824 for LPG (stable).

The situation in detail at country level (always in "served" mode), according to what results from a sample of service stations that represents the national situation for the QE Price Check-Up Service, sees the average price of petrol that goes today from 1,819 euro/litre for Eni to 1,838 for Tamoil (no-logo at 1,721). For diesel, Eni's price went from 1,721 euro/litre to 1,741 for Tamoil (no-logo at 1,603). Finally, LPG is between 0,776 euro/litre for Shell and 0,792 again for Tamoil (no-logo at 0,738).

The picture of the situation becomes more complex if from the monitoring of the "served" one passes to the analysis of the Self market. The Self Price Check-Up service shows that, despite an upward trend in the averages and peaks, in some areas with new openings there has been a marked increase in competitive pressure on traditional operators. Moreover, the price "range" between the same oil products is between 1,741 and 1,771 euro/litre for petrol and between 1,629 and 1,659 for diesel.

The increase in fuel prices decided by the oil companies is also generally to the detriment of service station managers and is one of the reasons behind the strike called from 22,00 pm today. In fact, petrol station attendants complain that the high price of fuel, which has become one of the highest in all of Europe, has led to a progressive drop in sales volumes since 2008.


Attachments: petrol station strike

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