
#### **Introduction**

In 2024, Irish consumers are facing some of the highest fuel prices in recent memory, driven by a mix of national and international factors. October brought another round of fuel tax increases, intensifying the impact of global oil price instability due to the ongoing conflicts in the Middle East. These shifts have made everyday travel more expensive across Ireland, particularly affecting Cork residents who rely on their vehicles for commuting, errands, and business. In this challenging landscape, tools like FuelCompare.ie are becoming indispensable, helping Cork residents locate the best prices and stretch their budgets further.

#### **Part 1: Introducing FuelCompare.ie – Cork’s Go-To Tool for Fuel Savings**

FuelCompare.ie is a user-friendly website and mobile app specifically designed to help people across Ireland, including those in Cork, find the lowest fuel prices nearby. Whether you’re a commuter, business owner, or just trying to manage your household budget, FuelCompare.ie can make a noticeable difference in your monthly fuel spending.

##### **Community-Driven Price Updates**

What makes FuelCompare.ie unique is its community-driven approach. Users play a vital role by sharing updates on fuel prices at their local petrol stations. This collective contribution ensures that FuelCompare.ie provides accurate, real-time data that is beneficial for everyone in the community. The more Cork residents who participate, the more accurate and comprehensive the local data becomes, creating a powerful resource for all.

##### **Simple and Accessible**

FuelCompare.ie is easy to access, whether you’re on a desktop or using the app on your smartphone. Getting started is simple: download the app, create an account, and begin checking fuel prices or contributing your own updates. For those who want a broader view, FuelCompare.ie provides national data on fuel prices, allowing you to see how Cork’s prices compare to other counties.

For general fuel price checking across Ireland, visit [FuelCompare.ie](https://fuelcompare.ie/). Cork residents specifically interested in local pricing can find Cork-specific data at [https://fuelcompare.ie/cheaper-fuel/cork](https://fuelcompare.ie/cheaper-fuel/cork).

##### **Why Cork Residents Should Use FuelCompare.ie**

For Cork residents, FuelCompare.ie isn’t just about finding the best price at the pump. It’s about joining a community dedicated to saving money and supporting each other. By using and contributing to FuelCompare.ie, Cork drivers can help ensure accurate pricing, support transparent information-sharing, and ultimately save on fuel costs.

#### **Part 2: Cork’s Fuel Price Trends in 2024 – What the Data Says**

As of 2024, fuel prices in Cork reflect the broader national trend of steady increases, with the average prices of both petrol and diesel showing significant fluctuations across the year. Here’s a snapshot of some of the notable fuel price trends observed in Cork, based on data collected from FuelCompare.ie users.

##### **Petrol Price Trends**

The average petrol price in Cork started at around €165.37 in early January, increasing to €178.40 by mid-year, influenced largely by tax adjustments and market disruptions abroad. The highest peaks were observed in weeks 17 and 18, where petrol prices reached an average of €183.28, with a slight dip afterward. By October, prices fluctuated but remained above €175 on average, reflecting the compounded effects of global supply challenges and recent tax hikes.

##### **Diesel Price Trends**

For diesel, the average price in Cork saw a steady climb as well. Beginning the year at around €163.89, diesel prices reached €178.01 by mid-June. The highest prices for diesel this year were observed in early October, around €178.33, which coincided with rising crude oil costs and national tax changes.

##### **How Cork Compares to Other Counties**

Compared to Dublin and Galway, Cork has managed to keep prices slightly lower on average. For instance, while Cork’s diesel prices in October averaged around €174.18, Dublin saw averages closer to €176.99. However, these differences are marginal, and prices across counties remain high, underscoring the value of a tool like FuelCompare.ie to stay informed and take advantage of savings where possible.

For more in-depth discussions on fuel trends across Ireland, visit the [FuelCompare.ie blog](https://fuelcompare.ie/blog/page/1).

#### **Conclusion**

FuelCompare.ie is an essential tool for Cork residents dealing with rising fuel prices in 2024. By leveraging real-time updates and community contributions, FuelCompare.ie helps locals find the best prices and make more informed choices, potentially saving a considerable amount over time. Download the app, contribute to the community, and bookmark FuelCompare.ie to stay on top of fuel price trends in Cork and beyond.

Whether you’re looking to make your daily commute more affordable or manage business expenses, FuelCompare.ie is here to help you navigate these challenging times. Visit [FuelCompare.ie](https://fuelcompare.ie/) today and join a community committed to transparency and savings.


How FuelCompare.ie Helps Cork Residents Navigate Rising Fuel Costs in 2024


### Fuel Price Analysis for Diesel and Petrol in Ireland (Week 22 vs. Week 23, 2024)

#### Diesel Prices Overview

The diesel prices in various counties in Ireland for weeks 22 and 23 of 2024 have shown fluctuations. Below is a summary of the weekly average diesel prices for selected counties:

- **Co. Dublin**: Diesel prices slightly decreased from €172.27 in week 22 to €171.39 in week 23.
- **Co. Roscommon**: Diesel prices decreased from €170.72 in week 22 to €169.61 in week 23.
- **Co. Clare**: Prices rose from €167.25 in week 22 to €171.51 in week 23.
- **Co. Meath**: Diesel prices showed a minor increase from €171.09 in week 22 to €171.24 in week 23.
- **Co. Louth**: The prices remained stable with a slight decrease from €173.39 in week 22 to €172.98 in week 23.
- **Co. Kildare**: Diesel prices slightly decreased from €173.47 in week 22 to €172.40 in week 23.
- **Co. Galway**: Prices decreased from €173.19 in week 22 to €172.20 in week 23.

#### Petrol Prices Overview

The petrol prices have also shown variability across different counties between weeks 22 and 23 of 2024. Here is a summary of the weekly average petrol prices for selected counties:

- **Co. Dublin**: Petrol prices decreased from €179.73 in week 22 to €177.81 in week 23.
- **Co. Roscommon**: Prices decreased from €180.72 in week 22 to €179.47 in week 23.
- **Co. Clare**: Starting at €176.31 in week 22, the prices rose to €180.68 in week 23.
- **Co. Meath**: Prices decreased from €180.19 in week 22 to €180.06 in week 23.
- **Co. Louth**: The prices remained stable with a minor decrease from €180.38 in week 22 to €178.80 in week 23.
- **Co. Kildare**: Petrol prices slightly decreased from €180.46 in week 22 to €179.40 in week 23.
- **Co. Galway**: Prices remained stable with a slight decrease from €180.60 in week 22 to €180.60 in week 23.

#### Key Observations

1. **Slight Decreases**: Both diesel and petrol prices have shown slight decreases in several counties, indicating minor fluctuations.
2. **Weekly Variability**: The weekly variability indicates ongoing volatility in fuel prices, influenced by global oil market trends and local factors.
3. **Stable Counties**: Some counties, such as Co. Meath, exhibited stability in fuel prices, reflecting a balance between supply and demand.

#### Summary of Recent Oil Price News

Oil prices settled up 2% on Thursday after the European Central Bank opted to cut interest rates, spurring hopes that the Federal Reserve will follow suit, and OPEC+ ministers reassured investors that the latest oil output agreement could change depending on the market. Brent crude futures settled $1.46 higher or 1.86% at $79.87 a barrel, while U.S. West Texas Intermediate crude futures settled up $1.48 or 2% at $75.55.

On Thursday, the European Central Bank went ahead with its first interest rate cut since 2019, citing progress in tackling inflation but cautioning the fight was far from over.

Denmark's central bank then lowered its benchmark interest rate by 25 basis points to 3.35%.

Analysts in the U.S. saw the European rate cuts as a likely precursor to Fed rate cuts.

Lower fuel costs and an easing of post-pandemic supply snags have helped drive inflation down to 2.6% in the 20 countries using the euro, from 10% in late 2022.

Investors are now less certain than they were a few weeks ago that inflation has retreated enough for the ECB to institute a major easing cycle. In the U.S., economists predict the Federal Reserve will cut rates in September, according to Reuters' May 31-June 5 poll.

"Today the ECB rate cuts are helping, and casting a view that the Fed will finally follow suit here in the U.S. as well which is supportive, but both central banks are cutting in the face of a slowing economy which is not necessarily supportive of oil demand,” said John Kilduff, partner at Again Capital.

The number of Americans filing new claims for unemployment benefits rose last week, and first-quarter unit labor costs rose by less than previously thought, the Labor Department said.

While this shows a cooling labor market, it is unlikely to push the Fed to start rate cuts.

Meanwhile, trading house Trafigura's chief economist Saad Rahim said the OPEC+ decision to phase out some output cuts, combined with strong fuel supplies, has driven oil prices lower.

OPEC+, the Organization of the Petroleum Exporting Countries and allies, agreed on Sunday to extend most production cuts into 2025 but left room for voluntary cuts from eight members to be unwound gradually.

Saudi Energy Minister Prince Abdulaziz bin Salman said on Thursday that OPEC+ can pause or reverse production increases if it decides the market is not strong enough.

And Russian Deputy Prime Minister Alexander Novak said the group might adjust the deal if necessary, adding that the post-meeting price drop was caused by misinterpretation of the agreement and "speculative factors".

"Oil markets have over-reacted to the mildly negative OPEC+ meeting outcome. Demand indicators have certainly softened somewhat recently, but are not falling off a cliff," Barclays analyst Amarpreet Singh wrote in a note.

Elsewhere, a merchant vessel reported that an explosion took place near it in the Red Sea on Thursday about 19 nautical miles west of the Yemeni port city of Mokha, British security firm Ambrey said.

The vessel fit the target profile of Yemeni Houthi militants, Ambrey said in a note. Militants have attacked ships off the country's coast for several months in solidarity with Palestinians fighting Israel in Gaza.

The vessel was en route from Europe to the United Arab Emirates.

“This puts more risk on top of a market that was already nervous,” said Phil Flynn, an analyst at Price Futures Group. “And if it turns out to be an oil tanker, this will probably raise the stakes,” he added.

#### Conclusion

The analysis of fuel prices in Ireland for weeks 22 and 23 of 2024 indicates slight decreases for both diesel and petrol in several counties, with notable weekly fluctuations. The recent news on oil prices suggests that broader economic factors, including interest rates and geopolitical events, continue to impact oil markets globally. Understanding these patterns can help consumers and businesses better anticipate fuel costs and manage their budgets accordingly.


Fuel Price Analysis: Diesel and Petrol Costs in Ireland (Weeks 22-23, 2024)


### Fuel Price Analysis for Diesel and Petrol in Ireland (Week 20 vs. Week 21, 2024)

#### Diesel Prices Overview

The diesel prices in various counties in Ireland for weeks 20 and 21 of 2024 have shown fluctuations. Below is a summary of the weekly average diesel prices for selected counties:

- **Co. Dublin**: Diesel prices slightly increased from €173.83 in week 20 to €174.03 in week 21.
- **Co. Roscommon**: Diesel prices rose from €170.10 in week 20 to €171.69 in week 21.
- **Co. Clare**: Prices decreased from €175.75 in week 20 to €174.12 in week 21.
- **Co. Meath**: Diesel prices remained relatively stable, changing from €173.32 in week 20 to €173.19 in week 21.
- **Co. Louth**: The prices experienced a slight increase from €174.75 in week 20 to €174.26 in week 21.
- **Co. Kildare**: Diesel prices showed a minor decrease from €174.13 in week 20 to €173.89 in week 21.
- **Co. Galway**: Prices rose from €174.07 in week 20 to €174.85 in week 21.

#### Petrol Prices Overview

The petrol prices have also shown variability across different counties between weeks 20 and 21 of 2024. Here is a summary of the weekly average petrol prices for selected counties:

- **Co. Dublin**: Petrol prices increased from €179.01 in week 20 to €180.80 in week 21.
- **Co. Roscommon**: Prices rose from €179.10 in week 20 to €182.02 in week 21.
- **Co. Clare**: Starting at €181.75 in week 20, the prices slightly decreased to €179.96 in week 21.
- **Co. Meath**: Prices remained stable, from €181.41 in week 20 to €181.60 in week 21.
- **Co. Louth**: The prices saw a slight increase from €179.76 in week 20 to €179.83 in week 21.
- **Co. Kildare**: Petrol prices decreased from €182.50 in week 20 to €181.36 in week 21.
- **Co. Galway**: Prices slightly dropped from €181.01 in week 20 to €180.62 in week 21.

#### Key Observations

1. **Slight Increases**: Both diesel and petrol prices have shown slight increases in several counties, with minor fluctuations.
2. **Weekly Variability**: The weekly variability indicates ongoing volatility in fuel prices, influenced by global oil market trends and local factors.
3. **Stable Counties**: Some counties, such as Co. Meath, exhibited stability in fuel prices, reflecting a balance between supply and demand.

#### Summary of Recent Oil Price News

Oil prices eased less than 1% on Monday as U.S. Federal Reserve officials indicated they are waiting for more signs of declining inflation before cutting interest rates. Despite a recent easing in consumer price pressures in April, Fed officials are not ready to declare inflation trends are sustainably back to the 2% target.

Lower interest rates could reduce borrowing costs and boost economic growth and oil demand. Brent futures fell by 27 cents to $83.71 a barrel, while U.S. West Texas Intermediate (WTI) crude fell by 26 cents to $79.80.

The Brent premium over WTI remains near its lowest level since March, reducing profitability for energy companies exporting U.S. crude. Additionally, the premium of Brent's front-month over the second month, known as backwardation, fell to its lowest since January, influencing storage and usage decisions by energy firms.

The market remained unaffected by political uncertainties in major oil-producing countries such as Iran and Saudi Arabia. The Organization of the Petroleum Exporting Countries and its allies (OPEC+) are scheduled to meet on June 1. Saudi Arabia's crude oil exports rose in March, while Russia remained China's top oil supplier in April.

#### Conclusion

The analysis of fuel prices in Ireland for weeks 20 and 21 of 2024 indicates slight increases for both diesel and petrol in several counties, with notable weekly fluctuations. The recent news on oil prices suggests that broader economic factors, including interest rates and geopolitical events, continue to impact oil markets globally. Understanding these patterns can help consumers and businesses better anticipate fuel costs and manage their budgets accordingly.

**FAQs**

What caused the fluctuations in fuel prices in Ireland?
The fluctuations are influenced by global oil market trends, local supply and demand, and economic factors such as interest rates and inflation.

Which county had the highest increase in diesel prices between weeks 20 and 21?
Co. Roscommon saw a significant increase in diesel prices from €170.10 to €171.69.

Did any counties experience a decrease in petrol prices between weeks 20 and 21?
Yes, counties such as Co. Clare and Co. Kildare experienced decreases in petrol prices.

How do global oil prices affect local fuel prices in Ireland?
Global oil prices impact the cost of importing fuel, which in turn affects local fuel prices. Changes in supply and demand, geopolitical events, and economic policies also play a role.

What are the projections for future fuel prices?
Fuel prices are expected to remain volatile due to ongoing economic and geopolitical factors. However, they may stabilize if inflation trends decline and interest rates are adjusted accordingly.

How can consumers manage their fuel costs effectively?
Consumers can manage fuel costs by monitoring price trends, using fuel-efficient vehicles, and planning trips to minimize fuel consumption.


Fuel Price Analysis for Diesel and Petrol in Ireland (Week 20 vs. Week 21, 2024)


### Fuel Price Analysis for Diesel and Petrol in Ireland (20-2024)

#### Diesel Prices Overview

The diesel prices in various counties in Ireland for the year 2024 have shown fluctuations over the weeks. Below is a summary of the weekly average diesel prices for selected counties:

- **Co. Dublin**: Diesel prices have gradually increased from €164.97 in week 1 to €177.28 in week 17, then slightly decreased to €173.83 in week 20.
- **Co. Roscommon**: Diesel prices started at €168.33 in week 1, peaking at €179.71 in week 16, and settling at €170.10 in week 20.
- **Co. Clare**: Starting at €167.45 in week 1, the prices peaked at €178.76 in week 18 and stabilized at €175.75 in week 20.
- **Co. Meath**: Diesel prices increased from €166.36 in week 1 to €180.64 in week 17, before decreasing to €173.32 in week 20.
- **Co. Louth**: The prices ranged from €165.28 in week 1, peaking at €179.46 in week 16, and slightly dropping to €174.75 in week 20.
- **Co. Kildare**: Diesel prices started at €166.51 in week 1, reaching a high of €180.48 in week 16, and decreased to €174.13 in week 20.
- **Co. Galway**: Prices began at €163.82 in week 1, reached €179.65 in week 16, and fell to €174.07 in week 20.

#### Petrol Prices Overview

The petrol prices have also shown variability across different counties throughout 2024. Here is a summary of the weekly average petrol prices for selected counties:

- **Co. Dublin**: Petrol prices fluctuated from €167.87 in week 1, peaking at €181.73 in week 17, and then dropping to €179.01 in week 20.
- **Co. Roscommon**: Prices started at €168.40 in week 1, reached €183.35 in week 17, and settled at €179.10 in week 20.
- **Co. Clare**: Starting at €168.38 in week 1, the prices increased to €183.69 in week 18, and slightly decreased to €181.75 in week 20.
- **Co. Meath**: Prices rose from €167.65 in week 1 to €184.88 in week 17, before falling to €181.41 in week 20.
- **Co. Louth**: The prices ranged from €165.73 in week 1, peaking at €183.90 in week 16, and slightly dropping to €179.76 in week 20.
- **Co. Kildare**: Petrol prices started at €167.53 in week 1, reaching a high of €184.25 in week 17, and decreased to €182.50 in week 20.
- **Co. Galway**: Prices began at €165.70 in week 1, reached €184.12 in week 16, and fell to €181.01 in week 20.

#### Key Observations

1. **Increasing Trend**: Both diesel and petrol prices have shown a general increasing trend across all counties, with occasional fluctuations.
2. **Weekly Fluctuations**: There are notable weekly fluctuations, suggesting volatility in fuel prices influenced by various factors including market dynamics and possible policy changes.
3. **Peaks and Drops**: Most counties saw the highest prices around weeks 16-18, followed by a slight decrease towards week 20.

#### Summary of Recent Oil Price News

Oil prices eased less than 1% on Monday as U.S. Federal Reserve officials indicated they are waiting for more signs of declining inflation before cutting interest rates. Despite a recent easing in consumer price pressures in April, Fed officials are not ready to declare inflation trends are sustainably back to the 2% target.

Lower interest rates could reduce borrowing costs and boost economic growth and oil demand. Brent futures fell by 27 cents to $83.71 a barrel, while U.S. West Texas Intermediate (WTI) crude fell by 26 cents to $79.80.

The Brent premium over WTI remains near its lowest level since March, reducing profitability for energy companies exporting U.S. crude. Additionally, the premium of Brent's front-month over the second month, known as backwardation, fell to its lowest since January, influencing storage and usage decisions by energy firms.

The market remained unaffected by political uncertainties in major oil-producing countries such as Iran and Saudi Arabia. The Organization of the Petroleum Exporting Countries and its allies (OPEC+) are scheduled to meet on June 1. Saudi Arabia's crude oil exports rose in March, while Russia remained China's top oil supplier in April.

#### Conclusion

The analysis of fuel prices in Ireland for the year 2024 indicates a general upward trend for both diesel and petrol. This trend is consistent across multiple counties, though there are significant weekly fluctuations. The recent news on oil prices suggests that broader economic factors, including interest rates and geopolitical events, continue to impact oil markets globally. Understanding these patterns can help consumers and businesses better anticipate fuel costs and manage their budgets accordingly.


Diesel and Petrol Trends in Ireland | Weekly Averages & Market Insights

**Save Money on Fuel with Better Driving Skills**

As a responsible driver, you're likely always on the lookout for ways to save money on fuel. At FuelCompare.ie, we're dedicated to helping you find the cheapest petrol and diesel prices in Ireland. But did you know that improving your driving skills can also help you save money on fuel?

**Partnering with ADI Driving School**

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**How Better Driving Skills Can Save You Money**

When you're a more efficient driver, you're less likely to waste fuel on unnecessary acceleration, braking, and idling. By smoothing out your acceleration and braking, you can improve your fuel economy and reduce your fuel costs.

Additionally, driving defensively and anticipating the road ahead can help you avoid sudden stops and starts, which can lower your fuel efficiency. By improving your driving skills, you can reduce your fuel consumption and save money on petrol or diesel.

**ADI Driving School: Improving Driving Skills Across Ireland**

ADI Driving School has been helping learners and experienced drivers alike improve their driving skills for years. With a team of experienced instructors and a range of driving courses, they can help you identify areas for improvement and provide personalized feedback to help you become a more efficient driver.

From Dublin to Cork and beyond, ADI Driving School has locations throughout Ireland, making it easy to find a course that fits your schedule and needs.

**Locations**

### Dublin 10: Learner Permit and Driving Licence Services

They offer a range of services in Dublin 10 to help you obtain and manage your learner permit and driving licence. You can apply for a learner permit or driving licence online, update your personal details or add a category to your learner permit or driving licence, and exchange your foreign driving licence or UK/NI licence. Booking an appointment at an NDLS centre or applying online is easy and convenient. They also provide information on fees, medical fitness, and licence categories and codes to help you navigate the process.

### Dublin 1: Driving Lessons and EDT

They provide expert driving lessons in Dublin 1 to help you master the skills you need to pass your test. Their Essential Driver Training (EDT) course is designed to help you become a confident and competent driver. They offer reduced EDT packages to fit your budget, as well as improver driving lessons to refine your skills and boost your confidence. And when you're ready, their pretest lessons will prepare you for the driving test.

### Kells: Driving Lessons and EDT

They offer a range of driving lessons and EDT courses in Kells to help you become a safe and confident driver. Their experienced instructors will guide you through the EDT course, and they offer reduced EDT packages to fit your budget. Whether you're a beginner or looking to improve your skills, their improver driving lessons and pretest lessons will help you achieve your driving goals. And with the option to learn in manual or automatic cars, you can choose the transmission that's right for you.

### Edenderry: Driving Lessons and EDT

They are committed to helping you become a safe and confident driver in Edenderry. Their EDT course is designed to help you master the skills you need to pass your test, and they offer reduced EDT packages to make it affordable. Their experienced instructors will work with you to create a personalized lesson plan that fits your needs and learning style. And when you're ready, their pretest lessons will prepare you for the driving test.

### Lucan: Automatic Driving Lessons and EDT

They are proud to offer automatic driving lessons and EDT courses in Lucan with their experienced instructors. Their automatic driving school car is ideal for nervous beginners or those who prefer not to drive a manual transmission. Their EDT course is designed to help you master the skills you need to pass your test, and they offer reduced EDT packages to make it affordable. Whether you're a beginner or looking to improve your skills, their improver driving lessons and pretest lessons will help you achieve your driving goals.

Improve Your Driving Skills and Save Money on Fuel

### Fuel Price Update: Navigating Market Shifts and Policy Changes

As we move through 2024, Ireland is at the intersection of a significant domestic policy shift and escalating global tensions that are influencing diesel prices near me and petrol prices near me nationwide. This article examines the immediate effects of the recent fuel tax hike alongside the impact of the Iran-Israel conflict on global oil prices, focusing on how these factors are driving changes in diesel fuel prices and petrol prices across 15 Irish counties.

### Immediate Impact on County Fuel Prices: Week 17 to 18 Analysis

Here's a detailed look at how the fuel prices have changed from week 17 to 18 across various counties, providing a snapshot of the immediate aftermath of the tax hike and global market reactions:

 
<h2>Diesel Prices:</h2>
 

<ul>
 <li>County Dublin: €177.09 → €179.03 (+1.94, increasing in the last 3 weeks)</li>
 <li>County Roscommon: €179.21 → €181.15 (+1.94, steady increase over the past month)</li>
 <li>County Clare: €176.90 → €178.50 (+1.60, slight increase after a dip last week)</li>
 <li>County Meath: €177.53 → €180.15 (+2.62, strong increase in the last two weeks)</li>
 <li>County Louth: €173.90 → €175.50 (+1.60, reversing a downward trend)</li>
 <li>County Kildare: €179.03 → €181.53 (+2.50, consistent increase over the past month)</li>
 <li>County Galway: €177.45 → €179.95 (+2.50, steady growth in the last three weeks)</li>
 <li>County Longford: €180.40 → €182.90 (+2.50, increasing in the last 3 weeks)</li>
 <li>County Cork: €177.22 → €179.75 (+2.53, recovering from a dip last week)</li>
 <li>County Wicklow: €179.65 → €179.59 (-0.06, stabilizing after a decline)</li>
 <li>County Mayo: €179.40 → €181.10 (+1.70, increasing in the last 3 weeks)</li>
 <li>County Westmeath: €179.30 → €181.80 (+2.50, steady increase over the past month)</li>
 <li>County Donegal: €176.93 → €178.53 (+1.60, slight increase after a dip last week)</li>
 <li>County Offaly: €177.35 → €175.99 (-1.36, reversing a upward trend)</li>
 <li>County Carlow: €177.75 → €180.35 (+2.60, strong increase in the last two weeks)</li>
</ul>

 
<h2>Petrol Prices:</h2>
 

<ul>
 <li>County Dublin: €178.21 → €180.95 (+2.74, increasing in the last 3 weeks)</li>
 <li>County Roscommon: €181.85 → €184.59 (+2.74, steady increase over the past month)</li>
 <li>County Clare: €179.90 → €182.40 (+2.50, slight increase after a dip last week)</li>
 <li>County Meath: €181.99 → €184.79 (+2.80, strong increase in the last two weeks)</li>
 <li>County Louth: €175.38 → €178.90 (+3.52, reversing a downward trend)</li>
 <li>County Kildare: €181.66 → €184.29 (+2.63, consistent increase over the past month)</li>
 <li>County Galway: €180.92 → €184.59 (+3.67, steady growth in the last three weeks)</li>
 <li>County Longford: €182.90 → €186.50 (+3.60, increasing in the last 3 weeks)</li>
 <li>County Cork: €175.87 → €179.39 (+3.52, recovering from a dip last week)</li>
 <li>County Wicklow: €180.65 → €183.21 (+2.56, stabilizing after a decline)</li>
 <li>County Mayo: €182.98 → €184.59 (+1.61, increasing in the last 3 weeks)</li>
 <li>County Westmeath: €181.50 → €184.29 (+2.79, steady increase over the past month)</li>
 <li>County Donegal: €181.83 → €184.59 (+2.76, steady growth in the last three weeks)</li>
 <li>County Offaly: €181.54 → €179.19 (-2.35, reversing a upward trend)</li>
 <li>County Carlow: €181.25 → €184.95 (+3.70, strong increase in the last two weeks)</li>
</ul>

 

### Oil Prices Fall on Weak US Jobs Data and Potential Fed Rate Cut

Oil prices dropped on Friday, experiencing their largest weekly loss in three months, as investors reacted to weak US jobs data and the possibility of a Federal Reserve interest rate cut. Brent crude fell 0.85% to $82.96 a barrel, while US West Texas Intermediate crude fell 1.06% to $78.11 a barrel.

### Key Points:

- Oil prices fell 7% and 6.8% for Brent and WTI, respectively, in the week
- Weak US jobs data and potential Fed rate cut contributed to the decline
- US job growth slowed in April, and wage gains cooled, increasing bets on a Fed rate cut in September
- The Fed held rates steady this week, citing high inflation readings
- US energy companies cut oil and natural gas rigs to the lowest since January 2022
- OPEC+ may extend voluntary oil output cuts beyond June if oil demand doesn't increase

### Broader Implications for Ireland's Fuel Economy

As global events continue to impact the oil market, and with the new tax policy in place, Irish consumers and businesses might see sustained high fuel prices. This could lead to increased costs for transportation, logistics, and other industries, ultimately affecting the overall economy.

### Sources

 Reuters. (2024). Brent Crude Oil Prices. Retrieved from 
<a href="https://www.reuters.com/business/energy/oil-steadies-heads-weekly-drop-us-economy-worries-2024-05-03/" target="_blank" style="color: #0000ff; text-decoration: underline;">follow this link to the full Reuters article</a>.

Latest Fuel Price Insights

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Fuel Price Analysis for Diesel and Petrol in Ireland (Week 20 vs. Week 21, 2024)

Diesel and Petrol Trends in Ireland | Weekly Averages & Market Insights

Improve Your Driving Skills and Save Money on Fuel

Oil Prices Plummet: Weak US Jobs Data and Fed Rate Cut Fears