No fuel price reductions likely at the pumps

Irish motorists anticipating major fuel price drops at the pump due to plummeting oil prices are set to be disappointed, experts have warned.With oil dropping below $18 a barrel in New York yesterday, eager Irish diesel and petrol vehicle owners will have their eyes on the pumps in their local filling stations over the next two weeks.

This is usually when price fluctuations make themselves known following either a spike or fall in oil.