Fuel prices fall unexpectedly but fears remain over upcoming carbon tax hikes 

After the planned carbon tax increase next month, Ireland is expected to rise from 2nd to 1st place for diesel prices in Europe, Fuels for Ireland has said

After the planned carbon tax increase next month, Ireland is expected to rise from 2nd to 1st place for diesel prices in Europe, Fuels for Ireland warned.

The price of petrol and diesel fell by an average of 7c per litre in September, defying expectations that the reinstatement of excise duty last month would further spike fuel prices. 

Latest figures from AA Ireland found that petrol dropped to €1.74 per litre, while diesel fell to an average of €1.67 as crude oil prices continued to decrease, now costing $72 per barrel.