In 2023, the number of persons employed in the crude oil extraction sector in Italy stood at 156. The forecast for 2024 indicates a decrease to 133 employees, marking a year-on-year decline of approximately 14.7%. The trend continues downward with projected figures showing a sharp contraction: 111 in 2025, 89 in 2026, 68 in 2027, and 47 by 2028. This reflects a Compound Annual Growth Rate (CAGR) of approximately -20.5% over the five-year period.

Future trends to watch for include:

Italy’s shift towards renewable energy, potentially exacerbating the decline in the crude oil sector workforce.
Technological advancements that may further reduce the need for manual labor in oil extraction.
Policy changes or economic conditions that could influence employment in the sector.