Petrol and diesel could pass €2 per litre as fuel prices to rise from midnight

With excise duty cuts due to be fully restored, Blake Boland of the AA warns that low global supply could raise prices for petrol and diesel above €2

Following the September increases, the price of petrol will increase again on October 31st by 8c, with the price of diesel rising by a further 6c.

Motorists are preparing for an expensive winter as the government moves to fully reverse excise duty cuts on fuel from last year despite falling global supply.

From midnight, petrol and diesel will rise by 7c and 5c respectively as reduced rates  - introduced to help consumers with soaring costs - are reversed.