The price of petrol it fell to its lowest level in almost a year. This is certified by the latest surveys by the Ministry of Economic Development and by Quotidiano Energia which finally bring good news for the Italian motorists grappling with the very heavy effects of the energy crisis and soaring inflation.
Gasoline prices at a year low
Based on data from the Mise, today a liter of petrol in self-service mode it costs 1,696 euros, 4 cents less than 1,709 on Friday 15 September. This is the lowest price for almost a year, i.e. since early October 2021.
The average price is also down Diesel, which fell to 1,809 euros per liter from 1,821 euros last Friday.
As regards the served, according to the latest data provided by the daily Energia, the cost of petrol is 1,844 euros per litre, that of diesel at 1,954 euros per litre.
Finally the prices charged of the LPG they are positioned between 0,794 and 0,819 euro/litre and those of the methane cars are placed between 2,929 and 3,312.
The reasons for the drop in fuel prices
Why are the prices going down? First of all, the cost of the raw material must be considered. From June 2022 the Oil prices it fell about 25 percent, from over $120 a barrel to about $90. This is an item that accounts for about a third of the cost of the pump price. The rest is represented by costs of refining, distribution, transport and, above all, VAT and excise duties.
What weighs on the downside today, then? The figure is strongly influenced by the cut of excise duties on fuel established by the Draghi government. Until 31 August, the reduction is in fact equal to 30,5 cents per litre. Net of the tax discount, therefore, gasoline reached its lowest level since 7 March 2022.
