Petrol and diesel drop to lowest prices since 2021 – but new hike on the way within weeks - News Summed Up

Petrol and diesel drop to lowest prices since 2021 – but new hike on the way within weeks


Drivers are benefiting from a fall in petrol and diesel prices to levels not seen since well before the Russian invasion of Ukraine. The average petrol price across the state is €1.57, AA Ireland said after a query from Independent.ie. AA Ireland’s head of communications Paddy Comyn said: “Prices continue to shrink across the country in May for both petrol and diesel. That month will see petrol rise by 7c due to the higher excise duty, with 5c going on to diesel. The Vat is calculated on the higher price once the higher excise duty is applied.


Source: Irish Independent May 16, 2023 10:08 UTC



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