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Updated at 21:01 (Italian time) 7 Nov 2026

Economy & Markets · Analysis Wednesday, 4 November 2026 · Morning edition, 6:30 · AI-generated content, without human review

Gas prices rise in Italy, petrol tops two euros in Germany

The reference gas price for Italian households rises 9.1% in October; in Germany fuel prices remain well above pre-Iran war levels, despite the federal tax discount.

Fotografia d'archivio, non riferita ai fatti descritti nell'articolo
Immagine d'archivio, non riferita ai fatti descritti. Foto di Mizuno K su Pexels

The reference gas price for a typical Italian domestic customer, with annual consumption of 1,100 cubic metres, is set for October 2026 at 176.80 euro cents per cubic metre, up 9.1% from September. This is reported by Adnkronos. The raw material gas component of the Vulnerability Protection Service is indicated at 88.36 euros per megawatt-hour.

On the fuel front, Germany presents an equally stark picture. On 3 November, a litre of Super petrol cost an average of 2.12 euros and a litre of diesel 2.27 euros, according to data from the Markttransparenzstelle für Kraftstoffe reported by Tagesschau. By comparison, before the start of the war in Iran, the same litre of Super cost 1.83 euros and diesel 1.75 euros.

ProductGermany, before the Iran warGermany, 3 November 2026
Super petrol (per litre)€1.83€2.12
Diesel (per litre)€1.75€2.27

The German federal government stepped in, reducing the energy tax by 14 cents per litre from the beginning of October; taking into account the effect of VAT, the overall reduction indicated for the end consumer is 17 cents per litre. The tax discount did not bring prices back to pre-conflict levels, which remain far from current values for both petrol and diesel.

The two sets of data, the Italian one on gas and the German one on fuel, describe the same phenomenon from different angles: on one hand, the cost of home heating energy in Italy, on the other, the price at the pump for German motorists, both measured in the same early-November week.

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