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Price of petrol in Italy spikes at more than €2 a litre

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Price of petrol in Italy spikes at more than €2 a litre
It's even more expensive than usual to fill the tank in Italy. Photo: Giulio Napolitano/AFP
16:23 CEST+02:00
Driving in Italy just got more expensive: the price of petrol at Italian pumps has climbed to its highest level in months, topping €2 a litre in several parts of the country.

With the US seeking to block Iran's oil exports and fighting raging in Libya, the rising cost of crude is being passed on to consumers, according to the Italian government's Fuel Observatory, which monitors petrol prices.

Two of Italy's biggest fuel companies, Eni and IP, raised their recommended prices for unleaded petrol and diesel by 1 euro cent on Wednesday. And service stations along Italian motorways have been spotted charging as much as €2.020/litre for petrol outside Milan, €2.051/litre near Florence and a whopping €2.071/litre outside Naples, the observatory said.

Nationwide, the average prices at attended pumps are €1.750/litre for petrol and €1.643/litre for diesel (or at self-service pumps, €1.618/litre and €1.508/litre respectively). That puts petrol at its most expensive since October 2018, when it hit a two-year high of €1.658/litre.

READ ALSO: What you need to know about Italy's new petrol pump labels


Photo: Andreas Solaro/AFP

That's bad news for drivers in Italy, who are expected to take to the roads in their thousands from Thursday for the long Liberation Day weekend.

If you're looking to save a few cents, avoid refuelling on the motorway, where prices are typically highest, and fill the tank yourself: fuel from self-service pumps is generally at least a cent cheaper per litre.

The biggest money-saver, though, are so-called pompe bianche ('white pumps'): independent petrol stations that pump unbranded fuel, which is on average five euro cents cheaper per litre than its branded equivalent at big-name stations. There are an estimated 7,000 across Italy; find your nearest one via this map.

READ ALSO: 

Even when geopolitics aren't pushing the price up, fuel is almost always more expensive in Italy than most other European countries thanks to a hefty excise tax that makes up nearly half of what consumers pay at the pumps: the equivalent of €728.40 per 1,000 litres of petrol.

Interior Minister Matteo Salvini promised during last year's election campaign to reduce the fuel tax, though so far no reforms have been tabled. 

Useful vocabulary

la benzina (senza piombo) – (unleaded) petrol

il gasolio or il diesel – diesel

il GPL – LPG, liquid petroleum gas

il benzinaio or la stazione di servizio – petrol/service station

fare il pieno – to fill up (the petrol tank)

 

 

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