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Over half of Irish motorists expect fuel prices to increase by up to 15 per cent in the next year, according to the new Skoda Ireland Motoring Costs Insights report.

There has been some slight relief at the pumps in recent weeks, as the latest AA fuel price survey reveals that petrol and diesel prices both fell back this month.

There has been some very slight relief at the pumps in recent weeks as the latest AA fuel price survey reveals that petrol and diesel prices both fell this month. Petrol dropped by 1.6 cent to an average of 151.3 cent per litre, while diesel fell more sharply, down 3.2 cent to an average of 142.8 nationwide.

There has been some very slight relief at the pumps in recent weeks as the latest AA fuel price survey reveals that petrol and diesel prices both fell this month. Petrol dropped by 1.6 cent to an average of 151.3 cent per litre, while diesel fell more sharply, down 3.2 cent to an average of 142.8 nationwide.

MEP for Ireland North West, Jim Higgins, is calling for an investigation to be carried out into the “petrol price rip-off faced by Galway city motorists”.

The price of a litre of petrol is now 131.0 cents on average, just barely down (0.2 cent) on the figure for September. Diesel has risen by 0.9 cent to an average of 124.8 cent, according to the latest monthly fuel price survey by AA Ireland.

The cost of petrol decreased marginally this month from 133.3 cents per litre to 132.4 on average, the lowest price since April of this year, according to the latest AA fuel price survey. This is also despite a six-week low for international oil prices, due to a lower dollar, globally lower investor confidence, and lower demand for oil in the US and other major markets.

Petrol and diesel prices soared again in the last month, according to the latest fuel price survey from the Automobile Association.

The price of petrol and diesel at the pumps has reached record levels this week with prices quoted up to €1.35 a litre for petrol and €1.25 a litre for diesel.

City Councillor Mary Leahy has slammed the decision of the Energy Regulator to allow electricity and gas price increases to go ahead in full, despite the recent drop in crude oil prices.