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Economy
24 April 2025

Gas Prices Rise While Oil Market Faces Challenges

On April 24, gas prices hit 0.603157 €/Smc as oil struggles to maintain stability.

On April 24, 2025, the price of gas in Italy has been officially set at 0.603157 €/Smc by ARERA, the Regulatory Authority for Energy, Networks, and Environment. This price reflects the ongoing trends in the energy market and is indicative of a broader economic landscape influenced by various factors, including supply costs, transportation, and distribution expenses.

In the free market, however, the price of gas can vary significantly as it is determined by different suppliers who adjust their rates based on market conditions and company policies. This variability allows consumers a chance to shop around for the best deal, but it also means that prices can fluctuate widely.

The gas price set by ARERA is specifically for the Servizio di Tutela, which serves as a protective measure for domestic customers and small businesses that have not opted for a supplier in the free market. This service ensures that vulnerable consumers have access to a stable gas price, which is updated periodically to reflect market changes.

ARERA also provides support measures for consumers classified as vulnerable, who may struggle with energy costs due to economic or social reasons. This initiative is crucial in ensuring that energy remains accessible to all segments of the population, particularly during times of economic strain.

In recent months, the price of gas under the Servizio di Tutela has seen a steady increase. For instance, in February 2025, the price was recorded at 0.603157 €/Smc, which is a notable rise from 0.570555 €/Smc in January and 0.509233 €/Smc in December 2024. The trend suggests that consumers may need to prepare for continued price adjustments in the coming months.

Meanwhile, the oil market is experiencing its own set of challenges. The price of WTI crude oil has recently slipped after making attempts to reach the $65 per barrel mark. As of today, the price stands at $62.33 per barrel, reflecting a failure to maintain its upward momentum. The market’s current resistance levels are pegged at $63.5 and $64.2 per barrel, while support levels are observed at $62 and $61.2 per barrel.

Natural gas, on the other hand, is showing a bearish trend, having dropped below the $3 mark. Currently trading at $2.984, the commodity has seen an 8.5% decline over the last five trading sessions, marking new annual lows. This downward trend raises concerns about further price drops, with short-term support levels identified at $2.8 and $2.65.

The recent fluctuations in gas and oil prices are not just numbers; they reflect the complex interplay of global supply and demand, geopolitical tensions, and the ongoing recovery from economic disruptions caused by the pandemic. Traders are advised to exercise caution, especially as the market shows signs of volatility.

Alberto Ferrante, a financial columnist specializing in currency markets, commodities, and cryptocurrencies, notes that the recent dips in natural gas prices could signal a potential rebound. "A drop below $2.80 should precede a rebound above $3," he suggests, indicating that while the market is currently bearish, there may be opportunities for recovery in the near future.

Consumers and businesses alike are urged to stay informed about market trends and consider their options carefully. In the free market, the ability to compare different suppliers can lead to significant savings, especially as prices continue to fluctuate.

As we look ahead, it's clear that both gas and oil prices will remain a focal point for economic discussions. The interplay between regulatory measures, market dynamics, and consumer behavior will shape the energy landscape in Italy and beyond.

For those interested in exploring their options for gas supply, resources such as Libero Tariffe can provide valuable insights into the best available offers from various suppliers. Being proactive in understanding these changes can help consumers navigate the complexities of energy pricing.

In summary, the current energy market reflects a period of adjustment and uncertainty, with prices for both gas and oil exhibiting volatility. As consumers, businesses, and traders alike adapt to these changes, the focus will remain on finding stability in an ever-evolving landscape.