More peaceful returns for those who drive back from vacation these days. Thanks to the collapse in fuel prices: gasoline has never been so low since the beginning of the year, while diesel has reached a minimum not seen since July 2023. Self-service green, in particular, costs 1.811 euros per liter, while diesel 1.686 euros. The good news was reported by the Quotidiano Energia website, based on data communicated by the managers to the Mimit's Osservaprezzi updated to August 25. Motorists will also save on serviced: the price of gasoline has dropped to 1.958 euros per liter, while on August 9 it cost 1.980 euros, over 2 cents more. Diesel, on the other hand, has dropped from 1.860 to 1.833 euros per liter, with a saving of almost 3 cents.

A much more convenient counter-exodus is expected compared to last year. A 50-liter tank of gasoline at a self-service station today costs about 6.55 euros less than 12 months ago, if we take as a reference the average price of fuels recorded by the Ministry of the Environment and Energy Security in August 2023. And with diesel the margin compared to last year is even greater: about 7.35 euros less on a tank.

But the convenience is also noticeable just by comparing it with the prices of a few weeks ago, as the president of the National Consumers Union, Massimiliano Dona, pointed out: «If you compare these prices with those recorded by Mimit on August 2, today petrol costs 1.90 euros less for a full tank of 50 litres, while for diesel the saving is 2 euros and 15 cents per fill-up».

Better to take advantage of it while you can, because the idyll risks fading quickly due to international tensions. Low prices at the gas pump are the result of last week's oil crash, which reached $71.80 a barrel. But the costs of black gold began to rise again over the weekend and have soared, with WTI closing with a jump in New York, gaining 3.46% to $77.42 a barrel.

The international geopolitical situation is weighing heavily, with tensions between Israel and Hezbollah and the risk of escalation. But there is also the decision by Khalifa Haftar's government, which controls eastern Libya, to announce a halt to oil production and exports. The reason is linked to the internal divisions of the country, split between the government of Benghazi, controlled by the House of Representatives but de facto in the hands of General Haftar, and the government of national unity recognized by the UN, which controls the northwest and Tripoli. The latter has tried to replace the governor of the Central Bank of Libya without the approval of the eastern government, which responded by blocking crude oil exports.

(Online Union)

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