07/03/2011

Irish Petrol Prices Over €1.50 Per Litre

Irish petrol prices are now over €1.50 per litre and are expected to rise further as disruption in world oil supplying countries continues.

Prices as high as €1.52 in south Dublin were reported on this Monday's Morning Ireland programme, with most pumps experiencing a two cent increase to €1.519.

The turmoil in Libya is continuing as Col Gaddaffi continues his battle with anti-Gaddaffi protestors. Gaddaffi has reportedly taken a number of strategic towns in recent days, and it is thought the country is on the brink of an outright civil war.

Estimates on the death toll resulting from the ongoing violence ranges between 1,000 and 6,500, depending on the source, with the higher estimates coming from rebel forces.

In their monthly Fuel Price Report for February, a spokesman for the AA said: "Average pump prices for both petrol and diesel have continued to rise to new record highs. However, in neighbouring European countries, drivers were given some respite during mid to late January with a drop in the cost of fuel.

"Troubles in the Middle East threaten even higher oil prices with oil prices as $103 a barrel."

Northern Ireland recorded the highest price for unleaded at 129.9pence per litre (ppl). In Britain, Yorkshire and Humberside recorded the lowest price for unleaded at 127.8ppl. Northern Ireland recorded the highest diesel price at 135.0ppl. Yorkshire and Humberside have the cheapest diesel at 133.2ppl.

The UK has the eighth highest unleaded price in Europe and the second highest diesel price, according to the report.

(DW)

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