Home » Petrol and diesel prices: flat summer, but in September they start to rise again

Petrol and diesel prices: flat summer, but in September they start to rise again

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In July and August, the cost of fuel remained essentially stable after the surge in June. But the readings at the beginning of September show signs of an upward trend, with prices at the level of three years ago

Fuel prices did not register the usual mid-summer increase, the one that generally characterized the pre-exodus period between July and August. This year there was no summer blaze, but it must be said that the oil sector was affected by an almost constant upward trend, which began in November 2020 with a pause recorded in April 2021. Then a slow increase that in the month of July reached its maximum, with values ​​that had not been recorded since October 2018. A consequence of the equally constant increase in the price of oil, which from the minimum peak reached in April 2020 (in full lockdown global) has caught up with the improvement of the health framework and the recovery of consumption and transport. An important role was also played by the depletion of accumulated stocks and the production cuts established by the producing countries.

THE TREND IN THE PRICE OF OIL

To give some numbers, the European Brent from the beginning of September 2020 to the beginning of September 2021 went from 42 to 72 dollars a barrel; similar speech for the American WTI, which went from 39 to 71 dollars in the last twelve months. Consequently, albeit with a less rapid progression, even petrol and diesel are repositioning themselves on levels that we had forgotten in the last year. The monthly surveys of the Ministry of Economic Development updated to 6 September report an average price of gasoline of 1.655 euros per liter (it was 1.599 euros at the beginning of June and 1.398 a year ago), diesel fuel stood at 1.504 euros / liter (it was 1.457 euros). at the beginning of June, 1,281 a year ago). The cost of LPG is also increasing: € 0.701 / liter compared to € 0.664 / liter in June and 0.593 in September 2020.

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AVERAGE PRICES: SERVED

More precise, the elaboration of Quotidiano Energia – on the basis of the data of the Fuel Price Observatory of the Mise updated to 7 September – notes that in the plants served the average price charged for unleaded petrol is 1.802 euros / liter, with traditional operators practicing average prices between 1,738 and 1,864 euros / liter, while the white pumps without logo 1,701. As for diesel, the average is 1,659 euros / liter, with company outlets practicing average prices between 1,591 and 1,729 euros / liter and white pumps 1,546. Finally, LPG ranges from 0.701 to 0.717 (no logo 0.692).

THE AVERAGE PRICES: SELF-SERVICE

As for self-service systems, according to Quotidiano Energia, the average price of gasoline stands at 1.659 euros per liter, with the main brands between 1.649 and 1.668 euros / liter and white pumps at 1.650. The average price charged for diesel is 1.508 euros / liter, with oil companies positioned between 1.495 and 1.524 euros / liter and white pumps at 1.492.

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