Lower crude oil prices have seen motorists benefit from a drop in the cost of diesel and petrol at the pumps. Petrol prices fell by 4c this month with a litre of the fuel now selling for €1.70 on average around the country, according to the latest AA Ireland fuel survey for January. An AA Ireland spokesperson said: “After several months of relative stability, January has brought a modest reduction in fuel prices for motorists. Fuel prices do, however, remain high by historical standards.”The survey shows that fuel prices softened slightly at the start of the year, reflecting more subdued movements in global oil markets and exchange rates. Falls in the cost of crude oil were enough to outweigh extra costs of petrol and diesel due to changes to environmental rules on how the fuels are refined.

Source: Irish Independent January 19, 2026 07:00 UTC