Fuel prices hit lowest levels in years but hikes expected next month

Reintroduction of excise duty will add 5c to a litre of diesel and 6c to a litre of petrol

In April, the average price of diesel dropped to €1.47 per litre with the price of petrol dropping to €1.57 per litre. 

Petrol and diesel prices have hit their lowest levels since September 2021 but it will not last long as excise duties are due to be reintroduced beginning on June 1, a survey conducted by AA Ireland has found.

During April, the average price of diesel dropped 2.6% to €1.47 per litre, compared to March, with the price of petrol dropping 1.2% to €1.57 per litre during the same period.