Gasoline Prices in Italy increased to 2.15 USD/Liter in June from 2.03 USD/Liter in May 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 decrease in the week ending July 6, 2025. The price of automotive fuel oil amounted to approximately ******** euros per 1,000 liters, whereas the price of Euro-Super 95 stood at roughly ******** euros per 1,000 liters. Road fuel prices in Italy peaked in 2022, following Russia's invasion of Ukraine and were further affected by the Middle East conflict.

The household price of natural gas in Italy reached the unprecedented level of 14 euro cents per kilowatt-hour in the second semester of 2022. This price was caused by the cut-off of energy exports from Russia and the consequent energy crisis. Prices had decreased to 10.44 by June 2023. Italy’s dependence on gas imports The domestic production of natural gas in Italy in 2022 was just above three billion cubic meters. Natural gas consumption in Italy was over 20 times larger. This leaves Italy heavily dependent on foreign gas imports. Besides Russia, whose imports to Europe decreased sensibly in 2022 and 2023, the main natural gas importers to Italy in were Algeria and Azerbaijan. Natural gas taxation among the highest in Europe Italy had some of the highest natural gas prices in Europe. This was due to the heavy dependence on natural gas imports and on the high taxation applied to fuel consumption in this country. The value-added tax on natural gas in Italy accounted for 22 percent of the household gas price in Italy in the first semester of 2022. In Italy, consumers also pay an additional regional tax and a second tax based on the energy consumed. In 2022 and 2023, the value-added tax was decreased by the Italian government to five percent, to help the consumers face the natural gas cost increase.

Italy - Gas prices: Medium size households was EUR31.67 Gigajoule (gross calorific value - GCV) in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Gas prices: Medium size households - last updated from the EUROSTAT on July of 2025. Historically, Italy - Gas prices: Medium size households reached a record high of EUR31.67 Gigajoule (gross calorific value - GCV) in December of 2024 and a record low of EUR17.15 Gigajoule (gross calorific value - GCV) in December of 2010.

In Italy, the overall cost of natural gas was for vulnerable protected customers was approximately *** euro cents per cubic meter in May 2025. The price of the raw material made up over ** percent of the total natural gas expenditure of an Italian domestic consumer in the Vulnerable Protection Service. The cost of natural gas peaked in December 2022, when it reached *** euro cents per cubic meter. Both taxes and transportation and gas meter management costs increased towards the end of 2023 and 2024. Until April 2023, system charges were reduced by the Italian government and contributed to make the total natural gas price less burdensome for domestic consumers.

Italy - Gas prices: Non-household, medium size consumers was EUR14.53 Gigajoule (gross calorific value - GCV) in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Gas prices: Non-household, medium size consumers - last updated from the EUROSTAT on June of 2025. Historically, Italy - Gas prices: Non-household, medium size consumers reached a record high of EUR24.49 Gigajoule (gross calorific value - GCV) in December of 2023 and a record low of EUR6.31 Gigajoule (gross calorific value - GCV) in December of 2021.

Graph and download economic data for Harmonized Index of Consumer Prices: Gas for Italy (CP0452ITM086NEST) from Jan 1996 to May 2025 about Italy, harmonized, gas, CPI, price index, indexes, and price.

In Italy, the regulated market price of natural gas for households with an average annual consumption of ***** cubic meters boomed at *** euro cents per cubic meter in the first quarter of 2022, after the cut-off of natural gas exports from Russia. The Italian government ended the gas regulated market at the end of 2023. The price for 2024 refers to an average annual consumption of ***** cubic meters in the vulnerability protection service. Natural gas price trends The natural gas price started to increase in 2021, when the natural gas consumption worldwide and in Italy increased compared to 2020 due to the economic recovery after the COVID-19 crisis. In 2022, Italy was strongly hit by the energy crisis, since Russia was one of the main natural gas suppliers to this country, providing around ** percent of the total natural gas imports. Impact of natural gas on electricity prices in Italy Natural gas is the main source of electricity in Italy. For this reason, the electricity price for average household consumers in Italy increased along with the natural gas price, reaching a record of over ** euro cents per kilowatt-hour in the fourth quarter of 2022.

This dataset provides values for GASOLINE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Italy IT: Natural Gas Price: HC: Between 20 & 199 GJ: excl VAT & Other Recoverable Taxes & Levies data was reported at 0.132 EUR/kWh in Dec 2024. This records an increase from the previous number of 0.102 EUR/kWh for Jun 2024. Italy IT: Natural Gas Price: HC: Between 20 & 199 GJ: excl VAT & Other Recoverable Taxes & Levies data is updated semiannually, averaging 0.069 EUR/kWh from Jun 2007 (Median) to Dec 2024, with 36 observations. The data reached an all-time high of 0.132 EUR/kWh in Dec 2024 and a record low of 0.044 EUR/kWh in Dec 2009. Italy IT: Natural Gas Price: HC: Between 20 & 199 GJ: excl VAT & Other Recoverable Taxes & Levies data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Italy – Table IT.Eurostat: Natural Gas Price: Household Consumers.

In the first half of 2022, the electricity prices for household end users (including taxes, levies, and VAT) in Italy did not change in comparison to the previous six months. The electricity prices for household end users (including taxes, levies, and VAT) remained at 0.1 euro cents per kWh. Over the observed period, the electricity prices have been subject to fluctuation.The prices include gas basic price, transmission, system services, meter rental, distribution and other services.Find more statistics on other topics about Italy with key insights such as natural gas prices for household end users incl. tax.

Italy IT: Natural Gas Price: NH: 4000000 GJ & Above: incl All Taxes & Levies data was reported at 0.043 EUR/kWh in Jun 2024. This records a decrease from the previous number of 0.048 EUR/kWh for Dec 2023. Italy IT: Natural Gas Price: NH: 4000000 GJ & Above: incl All Taxes & Levies data is updated semiannually, averaging 0.030 EUR/kWh from Jun 2007 (Median) to Jun 2024, with 35 observations. The data reached an all-time high of 0.163 EUR/kWh in Dec 2022 and a record low of 0.018 EUR/kWh in Dec 2020. Italy IT: Natural Gas Price: NH: 4000000 GJ & Above: incl All Taxes & Levies data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Italy – Table IT.Eurostat: Natural Gas Price: Non-Household Consumers.

For an annual consumption of less than 100,000 gigajoule, the industry prices for natural gas peaked in 2012 at 4.09 euro cents per kilowatt hour, but decreased again in the following years, reaching 3.08 euro cents per kilowatt hour in 2020. Since Italy relied on gas imports for over 90 percent of its demand, the industry price of gas was mostly dependent on the wholesale price rather than the domestic market.

Russia: the main supplier
Italy’s energy demand strongly depended on gas: in 2018, natural gas accounted for nearly 60 percent of the total amount of energy consumed in the country. Providing more than 32 billion cubic meters in 2018, Russia was the main gas supplier for Italy. Russian gas was the cheapest to import: gas came to Italy via the Tarvisio pipeline, one of the five pipeline entry points in the country. Placed at the center of the gas supply network linking Europe, North Africa, Russia, and the Caucasus, Italy was in a strategically crucial position for the gas supply in Europe.

Domestic production
In 2018, the domestic production amounted to 3.4 billion cubic meters, about a tenth of the volume imported from Gazprom. Italy’s natural gas reserves, which concentrate mostly in the Po Valley, Ionian Sea, and Adriatic Sea, are underutilized. In fact, the country emitted an 18-month ban on new oil and gas exploratory permits in January 2019. This was part of the government’s efforts to promote renewable energy sources over fossil fuels, although extraction permits were not affected by the ban.

The Italian oil and gas market, while facing headwinds, presents a complex landscape of opportunities and challenges. The market, valued at approximately €X million in 2025 (assuming a reasonable market size based on similar European economies and the provided CAGR), is projected to grow at a CAGR of 1.13% from 2025 to 2033. This modest growth reflects a confluence of factors. Upstream activities, encompassing exploration and production, are likely constrained by mature fields and a focus on renewable energy transition within Italy. Downstream operations, including refining and distribution, experience fluctuating demand influenced by broader European energy policies and economic conditions. The midstream sector, involving transportation and storage, may witness moderate growth driven by infrastructure upgrades and the need for efficient energy transport. Major players like Eni SpA, Edison SpA, and others are strategically navigating this environment, focusing on diversification, efficiency improvements, and potentially exploring opportunities in related sectors. The market segmentation shows a varied performance across upstream, midstream and downstream sectors. The restraints on market growth include the ongoing shift towards renewable energy sources, impacting the long-term demand for fossil fuels. Stringent environmental regulations, coupled with a global push for decarbonization, are influencing investment decisions and operational strategies. Furthermore, geopolitical instability and price volatility in global energy markets contribute to uncertainty within the Italian oil and gas sector. However, opportunities exist in optimizing existing infrastructure, enhancing energy efficiency, and potentially exploring niche segments within the market, such as specialized gas storage or strategic partnerships that balance fossil fuel usage with a sustainable energy future. The forecast period (2025-2033) will likely see a gradual evolution of the market, characterized by a balance between traditional energy needs and the integration of renewable energy solutions. 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: 4., Higher Demand for Oil and Gas in the Country4.; Growing Infrastructure Development. Potential restraints include: 4., Higher Demand for Oil and Gas in the Country4.; Growing Infrastructure Development. Notable trends are: The Midstream Segment is Expected to Dominate the Market.

Graph and download economic data for Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Italy (CPGREN01ITM657N) from Feb 1960 to Nov 2023 about Italy, fuels, electricity, energy, gas, CPI, price index, indexes, and price.

TTF Gas rose to 35.70 EUR/MWh on July 14, 2025, up 0.39% from the previous day. Over the past month, TTF Gas's price has fallen 5.77%, but it is still 12.68% higher than a year ago, 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 July of 2025.

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.

In 2023, the average price of unleaded gasoline (95 RON) in Italy peaked at 1.87 euros per liter. Since 2000, the average price of unleaded gasoline fluctuated in Italy, showing an overall growth.

Italy IT: Natural Gas Price: HC: Less Than 20 GJ: incl All Taxes & Levies data was reported at 67.381 EUR/GJ in Dec 2024. This records an increase from the previous number of 39.684 EUR/GJ for Jun 2024. Italy IT: Natural Gas Price: HC: Less Than 20 GJ: incl All Taxes & Levies data is updated semiannually, averaging 27.730 EUR/GJ from Jun 2007 (Median) to Dec 2024, with 36 observations. The data reached an all-time high of 67.381 EUR/GJ in Dec 2024 and a record low of 18.099 EUR/GJ in Dec 2009. Italy IT: Natural Gas Price: HC: Less Than 20 GJ: incl All Taxes & Levies data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Italy – Table IT.Eurostat: Natural Gas Price: Household Consumers.

Natural gas producers are facing turbulent times. Europe has traditionally relied on Russia and Norway as internal sources of natural gas, while countries such as the US, Qatar and Algeria are major sources of imports (although accounting for a much smaller share of overall consumption). Russia’s invasion of Ukraine has shaken up Europe’s natural gas supply structure, with European governments making efforts to reduce their dependence on Russian gas supplies. Revenue is forecast to swell at a compound annual rate of 16.2% to €113.9 billion over the five years through 2025. Revenue expanded in 2021 and 2022 as a sharp hike in natural gas prices and a post-pandemic rise in demand drove an increase in exploration and production activity. Russia’s invasion of Ukraine led to a spike in natural gas prices, with the impacts of reduced demand for gas and a decrease in Russian gas production outweighed by soaring wholesale prices and heightened demand for other natural gas reserves, spurring a jump in revenue. An ongoing reduction in demand for natural gas and easing prices caused revenue to dip in 2023 and 2024. In 2025, revenue is slated to bounce back by 53.3% owing to geopolitical uncertainties, including trade wars and fresh sanctions on Russia, buoying natural gas prices. Revenue is forecast to rise at a compound annual rate of 2.3% over the five years through 2030 to just under €128 billion. The gas market will continue to be shaped by geopolitical tensions into the medium term, with the International Energy Agency expecting natural gas prices to remain high until 2025 as countries continue to shift their supply structure. Following this, natural gas demand and prices are set to fall as Europe continues to expand its renewables capacity.