New figures for the month of June show the price of fuel at the pumps is falling again

The latest AA fuel price survey shows petrol fell by an average of four cent a litre this month, while diesel dropped by five cent a litre.

In June the average price for a litre of petrol was €1,79 cent, for diesel it was €1.71.

Crude oil prices are down and hovering around $83 per barrel this month. Electric vehicle owners can expect to pay an average of €946 per year to cover the national average of 17,000 km per year.

Jennifer Kilduff, Head of Marketing & PR for the AA (Ireland), said, “We saw a reduction in fuel prices this month. The early part of the year saw significant volatility in fuel prices mainly due to unplanned refinery outages in Europe and strikes on Russian refineries.

Recently, reduced tensions and attacks have led to a softening of prices. Weaker demand in the US has resulted in high fuel stock levels amid increased production, and delays in interest rate cuts by US banks have also contributed to lower international fuel prices.”

“The second reinstatement of excise duty is still set for August 1st, along with a carbon tax increase in October. We urge the government to reconsider this, as it has a direct impact on pump prices.

“However, AA customers can save 3c per litre on petrol and diesel and 6c per litre on milesPlus fuel at participating Circle K garages using the AA Ireland App. It is also worth noting that maintaining your vehicle and practicing smart driving can help improve overall fuel efficiency.”