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Italy and Spain Gasoline Sales Increase in Dec But Jet Fuel Still Below 2019


Italy’s oil product sales fell in December while Spain’s product sales increased but jet fuel still lags 2019 levels.

  • Total oil product sales in Italy fell -4.7%yr/yr to 4.24m tons in December versus consumption of 4.45m tons in December 2019 according to ministry data. Gasoline sales were above 2019 levels, diesel/gasoil and transport diesel were similar, but LPG and jet fuel were below pre pandemic levels.
  • Spain’s combined road fuel sales gained 8.1% y/y to 2.47m tons in December and 6.2% above according to CORES data. Gasoline, diesel, diesel/gasoil and fuel oil were all higher than in 2019 but LPG and jet fuel sales were down.
  • Last month France showed total oil product sales fell -4.2% yr/yr in December to 4.64m tons. Gasoline sales increased by 5.6% and diesel fell by 7.2% while jet fuel was up +17% but still -11% below Dec 2019.

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