CatalystCommodities
Eni to keep price cap on petrol and diesel through the end of the year
Eni extending petrol and diesel price cap through year-end signals sustained fuel market intervention.
Context
What happened: Eni said it will keep its recently introduced price cap on petrol and diesel through the end of the year. CEO Claudio Descalzi confirmed the decision, and an Eni spokesperson confirmed it to ANSA.
Key numbers: Caps are set at 2.25 euros for diesel and 1.99 euros for gasoline, as announced at the beginning of October.
Why it matters: Eni said it will monitor market and price dynamics and available supplies in relation to its logistics infrastructure to evaluate the caps throughout the period.
What changed
Eni said it will keep its recently introduced price cap on petrol and diesel through the end of the year. CEO Claudio Descalzi confirmed the decision, and an Eni spokesperson confirmed it to ANSA.
Why it matters
Eni said it will monitor market and price dynamics and available supplies in relation to its logistics infrastructure to evaluate the caps throughout the period.