Gasoline Prices in Italy increased to 2.01 USD/Liter in February from 1.98 USD/Liter in January of 2025. This dataset provides the latest reported value for - Italy Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The price per 1,000 liters of motor fuel in Italy recorded a slight decrease in the week ending March 16, 2025. The price of automotive fuel oil amounted to approximately 1,683 euros per 1,000 liters, whereas the price of Euro-Super 95 stood at roughly 1,782 euros per 1,000 liters. Road fuel prices in Italy peaked in 2022, following Russia's invasion of Ukraine.

1.61 (US dollars/liter) in 2016. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.

1.44 (US dollars/liter) in 2016. Fuel prices refer to the pump prices of the most widely sold grade of diesel fuel. Prices have been converted from the local currency to U.S. dollars.

In June 2020, the gasoline price per liter in the United States stood at 0.55 U.S. dollars, the cheapest among the selected eight countries. However, this is a considerable price change compared to June 2019, when figures were 23.4 percent higher. Italy recorded the highest fuel price of all countries listed here, at 1.56 U.S. dollars per liter. The prices concern unleaded premium (95 RON) for France, Germany, Italy, Spain, and the United Kingdom and regular unleaded for Canada, Japan, and the United States (AKI 87). Liquid fuels demand decline following coronavirusFinal gasoline prices result from crude oil charges, processing and distribution costs, and taxes and underly supply and demand. The ongoing coronavirus pandemic (COVID-19) has reduced the demand for fuel and in turn impacted petroleum prices worldwide. The U.S. liquid fuels demand in the road sector is expected to have decreased to 8.7 million barrels per day in the second quarter of 2020. As a result, U.S. monthly crude oil production dropped across all regions between March and August 2020. Diesel prices worldwideItaly also has the greatest tag on diesel prices among the above listed countries. As of that same month, the price for automotive diesel stood at 1.43 U.S. dollars per liter in the Southern European country. Diesel prices tend to be lower than gasoline prices, with the United Kingdom and the U.S. proving to be the exception.

The average monthly price for natural gas in the United States amounted to 3.02 nominal U.S. dollars per million British thermal units (Btu) in December 2024. By contrast, natural gas prices in Europe were about four times higher than those in the U.S. Prices for Europe tend to be notably higher than those in the U.S. as the latter benefits from being a major hydrocarbon producer. Europe's import reliance European prices for natural gas rose most notable throughout the second half of 2021 and much of 2022, peaking at over 70 U.S. dollars per million Btu in August 2022. The sharp rise was due to supply chain issues and economic strain following the COVID-19 pandemic, which was further exacerbated by Russia’s invasion of Ukraine in early 2022. As a result of the war, many countries began looking for alternative sources, and Russian pipeline gas imports to the European Union declined as a result. Meanwhile, LNG was a great beneficiary, with LNG demand in Europe rising by more than 60 percent between 2021 and 2023. How domestic natural gas production shapes prices As intimated, the United States’ position among the leaders of worldwide natural gas production is one of the main reasons for why prices for this commodity are so low across the country. In 2023, the U.S. produced more than one trillion cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.

TTF Gas decreased 8.92 EUR/MWh or 17.69% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF - values, historical data, forecasts and news - updated on March of 2025.

Italy Fossil Fuel Support by Sector: Transportation: USD: 2022 Price: Direct Transfer: Natural Gas data was reported at 4.495 USD mn in 2022. This records an increase from the previous number of 0.000 USD mn for 2021. Italy Fossil Fuel Support by Sector: Transportation: USD: 2022 Price: Direct Transfer: Natural Gas data is updated yearly, averaging 0.000 USD mn from Jun 2010 (Median) to 2022, with 13 observations. The data reached an all-time high of 4.495 USD mn in 2022 and a record low of 0.000 USD mn in 2021. Italy Fossil Fuel Support by Sector: Transportation: USD: 2022 Price: Direct Transfer: Natural Gas data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.ESG: Environmental: Fossil Fuel Support by Sector: OECD Member: Annual.

Italy Fossil Fuel Support by Beneficiary: Consumer Support Estimate: USD: 2022 Price: Tax Expenditure: Natural Gas data was reported at 14.593 USD bn in 2022. This records an increase from the previous number of 2.183 USD bn for 2021. Italy Fossil Fuel Support by Beneficiary: Consumer Support Estimate: USD: 2022 Price: Tax Expenditure: Natural Gas data is updated yearly, averaging 81.659 USD mn from Jun 2010 (Median) to 2022, with 13 observations. The data reached an all-time high of 14.593 USD bn in 2022 and a record low of 71.664 USD mn in 2012. Italy Fossil Fuel Support by Beneficiary: Consumer Support Estimate: USD: 2022 Price: Tax Expenditure: Natural Gas data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.ESG: Environmental: Fossil Fuel Support by Beneficiary: OECD Member: Annual.

Italy Fossil Fuel Support by Sector: Residential: USD: 2022 Price: Total: Natural Gas data was reported at 3.010 USD bn in 2022. This records an increase from the previous number of 1.188 USD bn for 2021. Italy Fossil Fuel Support by Sector: Residential: USD: 2022 Price: Total: Natural Gas data is updated yearly, averaging 137.078 USD mn from Jun 2010 (Median) to 2022, with 13 observations. The data reached an all-time high of 3.010 USD bn in 2022 and a record low of 0.000 USD mn in 2014. Italy Fossil Fuel Support by Sector: Residential: USD: 2022 Price: Total: Natural Gas data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.ESG: Environmental: Fossil Fuel Support by Sector: OECD Member: Annual.

The size of the Italy Oil and Gas Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 1.13% during the forecast period. The oil and gas sector in Italy presents a mature yet dynamic environment, indicative of the nation's commitment to harmonizing energy security with ecological sustainability. Due to its limited domestic production, Italy depends heavily on imported oil and gas to fulfill its energy requirements. Hydrocarbons are integral to the country's energy framework, particularly in the transportation and industrial sectors. In recent years, Italy has prioritized the modernization of its energy infrastructure and the diversification of its energy sources. The government has enacted policies aimed at improving energy efficiency, lowering greenhouse gas emissions, and fostering the growth of renewable energy. Investments are being made in liquefied natural gas (LNG) terminals to bolster import capacity and secure a reliable supply of natural gas, which is regarded as a more environmentally friendly alternative to coal and oil. Furthermore, there is an increasing focus on minimizing reliance on fossil fuels and expediting the shift towards renewable energy sources such as wind, solar, and bioenergy. The Italian oil and gas industry faces several challenges, including volatile global energy prices, intricate regulatory frameworks, and environmental issues. Nevertheless, Italy is actively engaged in initiatives aimed at energy diversification and sustainability, bolstered by strategic investments and international partnerships. As the nation progresses through its energy transition, the oil and gas sector continues to play a vital role in its comprehensive energy strategy. Recent developments include: January 2024: Snam, an Italian gas company, announced plans to invest USD 12.51 billion in gas and liquefied natural gas (LNG) infrastructure in Italy by 2027. Compared to the 2022-26 plan, the company's investment increased by 15%., June 2023: The Italian and German governments agreed to proceed with the development of a planned gas pipeline, which would also facilitate hydrogen transportation between the two countries. This project, spanning approximately 3,300 kilometers, is spearheaded by four European transmission system operators: Snam, Trans Austria Gasleitung, Gas Connect Austria, and Bayernets in Germany., January 2023: Italy's state-run energy company, ENI, entered into a significant agreement worth USD 8 billion with Libya's National Oil Corporation. The deal aims to develop two offshore gas fields in Libya, aligning with the efforts of European nations to reduce their reliance on Russian energy sources. Under the agreement, ENI will support the development of the two offshore fields, with production anticipated to commence in 2026. ENI estimates that these fields have the potential to yield approximately 7.5 billion cubic meters of gas annually. This amount surpasses two-thirds of the gas volume that Italy imported from Russia last year, showcasing the potential for decreased dependence on Russian energy supplies.. Key drivers for this market are: Higher Demand for Oil and Gas in the Country4., Growing Infrastructure Development. Potential restraints include: Competition from Renewable Energy. Notable trends are: The Midstream Segment is Expected to Dominate the Market.

Italy Fossil Fuel Support by Beneficiary: Producer Support Estimate: USD: 2022 Price: Total: Petroleum data was reported at 0.013 USD mn in 2022. This records a decrease from the previous number of 0.014 USD mn for 2021. Italy Fossil Fuel Support by Beneficiary: Producer Support Estimate: USD: 2022 Price: Total: Petroleum data is updated yearly, averaging 25.191 USD mn from Jun 2010 (Median) to 2022, with 13 observations. The data reached an all-time high of 218.759 USD mn in 2010 and a record low of 0.013 USD mn in 2022. Italy Fossil Fuel Support by Beneficiary: Producer Support Estimate: USD: 2022 Price: Total: Petroleum data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.ESG: Environmental: Fossil Fuel Support by Beneficiary: OECD Member: Annual.

Italy Fossil Fuel Support: USD: 2022 Price: Total: Natural Gas data was reported at 17.844 USD bn in 2022. This records an increase from the previous number of 4.487 USD bn for 2021. Italy Fossil Fuel Support: USD: 2022 Price: Total: Natural Gas data is updated yearly, averaging 1.898 USD bn from Jun 2010 (Median) to 2022, with 13 observations. The data reached an all-time high of 17.844 USD bn in 2022 and a record low of 894.929 USD mn in 2017. Italy Fossil Fuel Support: USD: 2022 Price: Total: Natural Gas data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.ESG: Environmental: Fossil Fuel Support: OECD Member: Annual.

Over the past two decades the price of diesel fuel in Germany has fluctuated dramatically. Between 2000 and 2012, prices increased from 0.81 euros per liter to a peak of 1.49 euros. Prices began to decrease in the following years, dropping to 1.08 euros per liter as of 2016, close to the low seen in 2009. However, by 2019 the price per liter of diesel had again increased, at 1.25 euros per liter. Diesel prices decreased in 2020 due to the coronavirus pandemic, and increased to 1.28 euros per liter in 2021. As of June 2020, the average cost of diesel in Germany was lower than in France, Italy, and the United Kingdom.Global oil price increaseThe rise in diesel prices in recent years can be explained by the increase in crude oil prices. The cost of crude oil is the main component of diesel fuel prices and varies depending on supply and demand. From 2016 onwards, West Texas Intermediate (WTI) and Brent crude oil spot prices grew annually and stood at 65.23 and 71.34 U.S. dollars per barrel respectively in 2018. Diesel cars losing popularityDiesel was once the main choice of fuel in Europe for car buyers, but this has been changing in recent years. Between 2014 and 2018, the share of new passenger cars with diesel engines fell noticeably across Europe. In Germany, shares dropped by approximately 16 percent during this period to 32 percent. This decline in popularity also had an impact on prices.

Italy IT: Fossil Fuel Support by Beneficiary: Producer Support Estimate: USD: 2021 Price: Tax Expenditure: Natural Gas data was reported at 12.071 USD mn in 2021. This records a decrease from the previous number of 12.300 USD mn for 2020. Italy IT: Fossil Fuel Support by Beneficiary: Producer Support Estimate: USD: 2021 Price: Tax Expenditure: Natural Gas data is updated yearly, averaging 65.150 USD mn from Jun 2010 (Median) to 2021, with 12 observations. The data reached an all-time high of 131.804 USD mn in 2013 and a record low of 12.071 USD mn in 2021. Italy IT: Fossil Fuel Support by Beneficiary: Producer Support Estimate: USD: 2021 Price: Tax Expenditure: Natural Gas data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.ESG: Environmental: Fossil Fuel Support by Beneficiary: OECD Member: Annual.

Italy Fossil Fuel Support by Beneficiary: Producer Support Estimate: USD: 2022 Price: Total: Natural Gas data was reported at 11.097 USD mn in 2022. This records a decrease from the previous number of 11.630 USD mn for 2021. Italy Fossil Fuel Support by Beneficiary: Producer Support Estimate: USD: 2022 Price: Total: Natural Gas data is updated yearly, averaging 527.039 USD mn from Jun 2010 (Median) to 2022, with 13 observations. The data reached an all-time high of 2.583 USD bn in 2010 and a record low of 11.097 USD mn in 2022. Italy Fossil Fuel Support by Beneficiary: Producer Support Estimate: USD: 2022 Price: Total: Natural Gas data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.ESG: Environmental: Fossil Fuel Support by Beneficiary: OECD Member: Annual.

Italy IT: Fossil Fuel Support by Beneficiary: Producer Support Estimate: USD: 2021 Price: Direct Transfer: Natural Gas data was reported at 0.000 USD mn in 2021. This stayed constant from the previous number of 0.000 USD mn for 2020. Italy IT: Fossil Fuel Support by Beneficiary: Producer Support Estimate: USD: 2021 Price: Direct Transfer: Natural Gas data is updated yearly, averaging 0.000 USD mn from Jun 2010 (Median) to 2021, with 12 observations. The data reached an all-time high of 0.000 USD mn in 2021 and a record low of 0.000 USD mn in 2021. Italy IT: Fossil Fuel Support by Beneficiary: Producer Support Estimate: USD: 2021 Price: Direct Transfer: Natural Gas data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.ESG: Environmental: Fossil Fuel Support by Beneficiary: OECD Member: Annual.

Germany, Belgium, and Ireland had some of the highest household electricity prices worldwide, as of June 2024. At the time, German households were charged around 0.39 U.S. dollars per kilowatt-hour, while in Belgium, the price stood at 0.37 U.S. dollars per kilowatt-hour. By comparison, in Qatar, residents paid more than 10 times less. What is behind electricity prices? Electricity prices vary widely across the world and sometimes even within a country itself, depending on factors like infrastructure, geography, and politically determined taxes and levies. For example, in Denmark, Belgium, and Sweden, taxes constitute a significant portion of residential end-user electricity prices. Reliance on fossil fuel imports Meanwhile, thanks to their great crude oil and natural gas production output, countries like Iran, Qatar, and Russia enjoy some of the cheapest electricity prices in the world. Here, the average household pays less than 0.1 U.S. dollars per kilowatt-hour. In contrast, countries heavily reliant on fossil fuel imports for electricity generation are more vulnerable to market price fluctuations. The top importers of natural gas in Europe in 2023 were Germany and Italy, where this energy source constitutes a relevant share of the power mix.

Italy Fossil Fuel Support by Sector: Other: USD: 2022 Price: Total: Natural Gas data was reported at 12.211 USD bn in 2022. This records an increase from the previous number of 1.723 USD bn for 2021. Italy Fossil Fuel Support by Sector: Other: USD: 2022 Price: Total: Natural Gas data is updated yearly, averaging 159.840 USD mn from Jun 2010 (Median) to 2022, with 13 observations. The data reached an all-time high of 12.211 USD bn in 2022 and a record low of 73.039 USD mn in 2011. Italy Fossil Fuel Support by Sector: Other: USD: 2022 Price: Total: Natural Gas data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.ESG: Environmental: Fossil Fuel Support by Sector: OECD Member: Annual.

United States Natural Gas Exports: Avg Price: LNG: To Italy: From Sabine Pass, Louisiana data was reported at 5.570 USD/1000 Cub ft in 2024. This records a decrease from the previous number of 6.040 USD/1000 Cub ft for 2023. United States Natural Gas Exports: Avg Price: LNG: To Italy: From Sabine Pass, Louisiana data is updated yearly, averaging 6.040 USD/1000 Cub ft from Dec 2016 (Median) to 2024, with 9 observations. The data reached an all-time high of 10.880 USD/1000 Cub ft in 2022 and a record low of 3.950 USD/1000 Cub ft in 2017. United States Natural Gas Exports: Avg Price: LNG: To Italy: From Sabine Pass, Louisiana data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P016: Natural Gas Export Price: Liquefied Natural Gas: Annual.