Oil Price in Italy — Brent & WTI Crude Today
Live Brent and WTI crude oil prices with real-time charts. Track how global oil prices affect energy costs in Italy. Italy consumes approximately 1.2 million bbl/day of crude oil.
Brent Crude Oil
$74.12
USD / barrel
Updated: 2026/3/29 01:35:47
WTI Crude Oil
$69.56
USD / barrel
Updated: 2026/3/29 01:35:47
Brent–WTI Spread
$4.56
Brent $74.12 − WTI $69.56
The Brent-WTI spread reflects the price premium of Brent over WTI crude oil. A moderate spread suggests normal market conditions.
Oil Market & Italy
Italy is one of Europe's largest oil consumers and a significant refining hub in the Mediterranean. Italian refineries process Brent-linked crude from North Africa and the Middle East, and fuel prices reflect Brent movements alongside EU energy taxes.
As a net oil importer, Italy is sensitive to global crude price movements. Higher Brent prices translate to increased fuel costs at the pump, higher manufacturing input costs, and potential inflationary pressure across the economy.