Warnings petrol will still reach over €1 a litre despite ease in oil prices

RISING oil prices will hit motorists hard with the price going to over €1 per litre during the summer months, Automobile Association spokesman Conor Faughnan warned yesterday.

Mr Faughnan made his prediction for the second time this week, despite some easing in prices yesterday from their highs of $57.60 per barrel on Thursday.

World prices eased slightly yesterday after hitting a new record earlier in the day of $58 in New York, driven up for a time by unremitting demand.