Petrol prices unlikely to ease

THE cost of petrol will show no signs of easing in the coming months, the Automobile Association warned yesterday.

Despite weakening crude oil prices, down from $70 to $64 per barrel in recent weeks, AA spokesman Conor Faughnan warned prices would stay high for at least the next 12 months.

Next week’s AA survey will most likely show average price per litre at €1.20 at the pumps against the current average across the country of €1.17/€1.18.