Italy cuts its diesel excise again to €632.90 per 1,000 litres from 10 to 23 November 2026

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Italy diesel excise: €632.90 per 1,000 litres from 10 to 23 November 2026
Italy diesel excise: €632.90 per 1,000 litres from 10 to 23 November 2026

From 10 to 23 November 2026, Italy’s excise duty on diesel used as motor fuel is again €632.90 per 1,000 litres, €40.00 below the standard rate of €672.90, which had returned for only two days, 8 and 9 November. With 22% VAT, the cut is worth €0.0488 per litre, or €2.44 on a 50-litre tank. Petrol is not affected: its excise stays at €672.90.

The rate is the one in the decree published in Italy’s Official Gazette on 9 November 2026. The per-litre and per-tank calculations are by fuel-prices.eu, with 22% VAT, and are explained below. Pump prices come from the Italian ministry’s Osservaprezzi Carburanti data (MIMIT, Italian Open Data License 2.0).

What the decree says

“Al fine di compensare le maggiori entrate dell’imposta sul valore aggiunto rispetto all’ultima previsione, derivanti dall’aumento del prezzo internazionale, espresso in euro, del petrolio greggio, per il periodo dal 10 novembre al 23 novembre 2026, l’aliquota di accisa sugli oli da gas o gasolio, usato come carburante, […] e’ rideterminata nella misura di 632,90 euro per mille litri.”

— Decree of the Minister of Economy and Finance with the Minister of Environment and Energy Security, 9 November 2026, art. 1 (Gazzetta Ufficiale, general series no. 261 of 9 November 2026, in Italian)

Our translation: “To offset the higher-than-forecast value added tax revenue resulting from the rise in the international price of crude oil in euros, for the period from 10 November to 23 November 2026, the excise rate on gas oil or diesel used as motor fuel […] is set at 632.90 euros per thousand litres.”

This is again Italy’s so-called “mobile excise” mechanism (Law 244 of 24 December 2007, art. 1, paragraphs 290 and 291): when higher oil prices bring the state more VAT than forecast, the extra revenue can be returned by cutting the excise on motor fuels. This time the decree finds that the conditions were met for 1–31 October 2026 and uses €43.2 million of that extra VAT revenue for the cut (art. 2). The cut lasts fourteen days and covers diesel only.

It is the second decree of this kind in two weeks. The previous one, of 27 October (Gazzetta Ufficiale no. 250), set the same rate of €632.90 from 28 October to 7 November; on 8 and 9 November diesel was back at the standard rate.

What it means at the pump

€ per 1,000 l€ per litre excl. VAT€ per litre incl. 22% VAT
Standard rate (Law 199/2025)672.900.67290.8209
Rate from 10 to 23 November 2026632.900.63290.7721
Difference = the cut40.000.04000.0488

For a 50-litre tank: 40.00 ÷ 1,000 × 50 = €2.00 excluding VAT; × 1.22 = €2.44 including VAT. The 22% VAT is charged on top of the excise as well, which is why the cut at the pump is larger than the cut in the rate.

The pump price before the new cut

According to MIMIT data, the national average price of self-service diesel at 8:00 Italian time was €2.228 per litre on 7 November, the last day of the previous cut, €2.227 on 8 November (a Sunday) and €2.235 on 9 November 2026 (a Monday), the two days at the standard rate: +0.8 cents in one day and +0.7 cents against 7 November, compared with a theoretical effect of +4.88 cents. Petrol, whose excise does not change, cost €2.001 on both 8 and 9 November. If the new cut were passed on in full at the pump, the diesel average would fall to around €2.186 per litre (2.235 − 0.0488). This is an assumption, not a measurement: pump prices also depend on international quotations and retail margins. The first figure at the new rate, for 10 November, is published by MIMIT on 11 November.

For reference, during the previous cut: from 27 October, the last day before the cut, to 7 November, its last day, the diesel average went from €2.264 to €2.228 per litre (−3.6 cents), while petrol, whose excise did not change, went from €2.018 to €2.002 (−1.6 cents). Day-by-day prices: fuel prices in Italy.

Recent changes to Italy’s diesel excise

Excise on diesel used as motor fuel, from official sources
Excise, € per 1,000 lLegal act
6–27 October 2026672.90standard rate, Law 199/2025
28 October – 7 November 2026632.90Ministerial decree of 27 October 2026 (Gazzetta Ufficiale no. 250)
8–9 November 2026672.90standard rate
10–23 November 2026 · now632.90Ministerial decree of 9 November 2026 (Gazzetta Ufficiale no. 261)
From 24 November 2026672.90standard rate, unless a new decree

The previous cut is explained in our article of 3 November, the return to the standard rate on 8 November in the one of 8 November.

Frequently asked questions

What is Italy’s diesel excise from 10 to 23 November 2026?

For diesel used as motor fuel, €632.90 per 1,000 litres, i.e. €0.6329 per litre excluding VAT and €0.7721 per litre including 22% VAT. That is €40.00 per 1,000 litres below the standard rate of €672.90.

Does the cut apply to petrol?

No. The decree of 9 November 2026 covers only diesel used as motor fuel; the excise on petrol stays at €672.90 per 1,000 litres.

What happens after 23 November 2026?

The decree applies only until 23 November. Without a new decree, the standard rate of €672.90 per 1,000 litres returns on 24 November: €0.0488 per litre more incl. VAT (€2.44 on a 50-litre tank), if passed on in full at the pump.

More on fuel-prices.eu

Sources

Editorial article by fuel-prices.eu, published on 10 November 2026. Calculations and assumptions are marked as such in the text.

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