Overview
- Eni confirmed it will keep a company-level price cap on retail fuel until the end of the year.
- The caps are fixed at €1.99 per liter for gasoline and €2.25 per liter for diesel, the levels announced earlier in October.
- Eni said it will monitor market prices, available supplies and its logistics capacity and may adjust the policy if conditions change.
- Government data tracked by MIMIT show more than half of Italian stations already sell at capped rates, pushing national pump averages close to the cap levels.
- Eni reported economic costs from price containment measures near €700 million and said heavy demand caused stockouts at about 900 stations, while it is unclear if other major retailers will extend similar caps.