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Business120 words1 min read

Eni Extends Fuel Price Cap Until End of Year

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Eni is a big energy company in Italy. Eni sells petrol and diesel for cars. Eni made the price of fuel lower. This is called a price cap. A price cap is a top limit on a price. Eni says the lower price will stay until the end of the year. Eni checks the price every month. This is called a discount. A discount means a lower price than before. But there is a problem. Many drivers want to buy the cheaper fuel. Some fuel stations do not have enough fuel now. People who run these stations are angry. They are called gestori in Italian, or operators in English. They say the discount causes problems for their business.

Vocabulary15 words

price cap
a top limit on how high a price can go
discount
a lower price than before
fuel station
a place where people buy petrol or diesel
operator
a person who runs a business
petrol
fuel used in cars that run on gas, not diesel
diesel
a type of fuel used in some cars and trucks
energy company
a business that makes or sells fuel or power
confirm
to say clearly that something is true
cut
to make smaller or lower
protest
to show that you are angry about something
business
work that people do to make money
limit
the most or least that is allowed
customer
a person who buys something
demand
how much people want to buy
shortage
not having enough of something

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Quiz

1. What has Eni done with fuel prices?
2. How long will the price cap continue?
3. What are some fuel station operators doing?

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Fill-in-the-blank listening

Play the audio again and fill in the missing words as you listen.

Eni is a big energy company in Italy. Eni sells _____ and diesel for cars. Eni made the price of fuel _____. This is called a price _____. A price cap is a top limit on a price. Eni says the lower price will stay until the end of the _____. Eni checks the price every _____. This is called a _____. But there is a problem. Many drivers want to buy the cheaper fuel. Some fuel stations do not have enough fuel now. People who run these stations are _____. They say the discount causes _____ for their business.

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