Eni for Italy: starting September 28, a price cap on diesel and petrol for 30 days, with a possible extension through the end of the year
Italy, Sept. 25 -- Eni has set a price cap on fuels marketed by Enilive at €2.19/l for diesel and €1.99/l for petrol (approximately 17 cents lower than current average levels).The price cap is linked to the excise tax relief in effect, and will be applied starting September 28, for an initial period of 30 days, with the possibility to be extended through the end of the year depending on market and supply trends.The contraction in the supply of refined products on the international market - deriving from ongoing geopolitical crises and combined with a shortage of refining capacity across Europe (with nearly 30 refineries closing over the last 15 years) - has driven fuel prices to levels that are extremely burdensome for Italian h...
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