Fuel prices in Italy fell slightly this Monday, September 28, although they remain above the cap established by Eni to contain the impact of rising energy costs on consumers and businesses.
According to data from the Italian Ministry of Industry, the average price of self-service gasoline stood at 2.152 euros per liter, compared to the 2.159 euros recorded on Sunday. In the case of diesel, the average dropped from 2.377 to 2.369 euros per liter.
Despite the decrease, both figures remain above the limits announced by Eni: 1.99 euros per liter for gasoline and 2.19 euros for diesel.
Fuel prices in Italy remain high on motorways
On the motorway network, drivers faced even higher values. Gasoline reached an average of 2.214 euros per liter, while diesel stood at 2.420 euros.
The figures show that the reduction observed during the day was moderate and that the mechanism announced by Eni still has a limited effect on national averages.
Italy’s National Consumers Union pointed out that, despite the wide presence of Eni stations, the impact of the measure on the national average price has been small.
Pressure at the pumps was already evident over the weekend. On September 27, official data placed self-service gasoline at 2.159 euros per liter and diesel at 2.377 euros.
SOCAR prepares price cap for IP network
Separately, SOCAR, Azerbaijan’s state oil company and owner of Italiana Petroli (IP), announced that it will progressively apply a similar mechanism across its station network.
The company has not yet detailed what the maximum price will be. According to previously published information, the system will begin at stations identified with the IP brand and will take into account the economic sustainability of the supply chain.
Furthermore, SOCAR is studying the subsequent extension of the mechanism to Esso stations and other operators that purchase fuel from IP. The company strengthened its presence in Italy after acquiring 99.82% of Italiana Petroli in May 2026.
The initiative accompanies Eni’s decision and increases the participation of major operators in measures aimed at containing prices. Reuters also reported that SOCAR would follow the price cap scheme applied by Eni amid pressures on Italian energy costs.
Italian government maintains measures on diesel
Meanwhile, Giorgia Meloni’s government continues to face the impact of high energy prices resulting from the conflict in the Middle East.
In recent months, Rome has extended several temporary reductions in excise duties applied to fuels. These measures, along with tax exemptions for hauliers, represent an expenditure of approximately 2.8 billion euros.
The most recent reduction focuses on diesel and will be in effect until October 5. The discount was reduced on Saturday from 12 cents to around 6 cents per liter.
At the same time, the Executive is evaluating its next fiscal steps while preparing the 2027 budget. Among the options considered is a national tax on the windfall profits of energy companies.
Economy Minister Giancarlo Giorgetti has expressed his preference for a coordinated measure at the European Union level, although the possibility of a national intervention remains open.
Source: Reuters
Photo: Shutterstock
