It stands at 25 billion euros there Italian oil bill of 2014, down by €5,4 billion (-18%) compared to the previous year. The figure is negative not only for the drop in consumption (-4,5%), but also due to a clear improvement in the international prices of imported crude oil (-9,5%). The data was provided by thePetroleum Union who published the report 2014 oil preliminary results.
According to reports from the Unione Petrolifera, in real terms the disbursement is similar to that of 2000 but with consumption lower than 35 million tonnes. The preliminary oil balance also provides an estimate of the 2015 oil bill. With an oil price between 65 and 85 dollars a barrel, it is expected that the oil bill will continue to decline, oscillating between a minimum of 17,1 billion and a maximum of 24,2.
In the report, where you indicate a 4,5% drop in oil consumption in 2014, it is specified that consumption should settle at 57,5 million tons. On the other hand, the report on the fuel consumption which rose by 0,5% compared to last year. This is the first increase since 2006 to date. On the other hand, the data on heating oil was decidedly down: consumption fell by 17,8% compared to last year.
On the front of fuel prices the Unione Petrolifera reports that prices have returned on 2010 levels. The data, however, does not appear in the eyes of consumers because "the increased tax component has sterilized any advantage for motorists".
Prices net of fuel taxes today are equal to those of November 2010, notes the Up, but "the price of petrol for consumption is about 27 cents higher than then, of which 23 due to taxes and 4 to 'exchange effect; that of diesel is instead higher by about 33 cents, of which 28 are taxes and 5 are exchange rates”. Net of these increases, "today petrol would cost as much as in 2010, less than 1,4 euro/litre, while diesel less than 1,2 euro/litre".
