According to AA Ireland, Ireland is the 17th most expensive country in the world for fuel and the 12th most expensive in Europe, with an average national price of 170.2 cent per litre for petrol and 160.5 cent for diesel.
What is the cost of 1 litre diesel?
On September 24, 2017, the international market price of diesel was $68.92 a barrel (one barrel equals 159 litres).
The day’s average exchange rate is Rs.64.09 per dollar, bringing the cost of a litre of fuel to Rs.27.78. The OMCs pay refineries Rs. 28.16 per litre, according to the daily price formula.
OMCs offer it to dealers for Rs. 30.22 per litre after deducting their profit margin, marketing costs, freight, and other fees.
The fuel station dealers then add Rs. 17.33 per litre in excise duty, Rs. 2.50 per litre in commission, Rs. 2.50 per litre in VAT, and Rs. 8.67 per litre in pollution cess, and sell it to customers for Rs. 58.72.
How much is diesel in Dublin today?
litre diesel prices in Dublin During that time, the average value for Dublin was 1.58 Euro, with a low of 1.54 Euro on October 25, 2021 and a high of 1.62 Euro on December 6, 2021. For contrast, the global average price of diesel during this time period was 1.38 Euro.
How much is diesel in Ireland today?
During that time, the average value for Ireland was 1.61 Euro, with a low of 1.56 Euro on 01-Nov-2021 and a high of 1.65 Euro on 07-Feb-2022. For contrast, the global average price of diesel during this time period was 1.38 Euro.
Is diesel cheaper in Ireland than UK?
Bulgaria, on the other hand, has the cheapest gasoline rates, with £50 worth of fuel covering 602 miles, over 50 miles more than Ireland.
Ireland is the 11th most expensive country in the world for fuel, with £50 covering 715 miles.
Luxembourg has the cheapest diesel prices in Europe, with a £50 tank covering 906 kilometres, about 200 miles more than Ireland.
According to the Just Tyres index, the difference in the distance you can travel in each European country with £50 worth of fuel in your tank is so substantial that you could drive across an entire country and back with the extra miles.
According to the AA’s most recent fuel price study, a litre of petrol now costs an average of 137.6c, up from 137c in March, while average diesel prices are now 127.1c per litre, up from 126.5 last month.
It ended a one-month reprieve for motorists, during which prices had reduced marginally.
Last month’s decline marked the first time prices had fallen at the pump since July 2017.
Why is diesel so expensive?
The cost of diesel fuel is higher. Diesel fuel is subject to a higher federal excise tax than gasoline (24.4 cents per gallon vs. 18.4 cents per gallon for gasoline), and diesel fuel is occasionally subject to a higher state tax.
How much is diesel in Northern Ireland?
Monthly average fuel costs in Northern Ireland from 2017 to 2021, broken down by fuel type. In Northern Ireland, the price of unleaded 95 octane, diesel, and super unleaded petrol has risen and fallen dramatically. In May 2020, the prices of each fuel fell to their lowest levels, with diesel costing 108.3 pence per liter.
What is the rate of 1 litre diesel in 2020?
Petrol and diesel prices in metros remained steady on Wednesday, with diesel still being more expensive than petrol in Delhi. Since returning to the customary practice of daily reviews after a 12-week sabbatical, state-run oil marketing corporations have raised petrol and diesel prices in metros on most days. According to notifications from the state-run Indian Oil Corporation, the country’s largest gasoline retailer, the price of petrol in the national capital is currently Rs 80.43 per litre, while the price of diesel is Rs 80.53 per litre. (Also see: How To Find The Most Up-To-Date Petrol And Diesel Rates In Your City.)
What was the price of diesel in 2020?
DELHI — Petrol prices rose to Rs 90.19 on Friday from Rs 89.88 on Thursday, while diesel prices rose to Rs 80.60 from Rs 80.27.
MUMBAI: The price of petrol increased to Rs 96.62 from Rs 96.32 on Thursday, while the price of diesel increased to Rs 87.67 from Rs 87.32.
KOLKATA – The price of petrol increased to Rs 91.41 from Rs 90.11 on Thursday, while the price of diesel increased to Rs 84.19 from Rs 83.86.
CHENNAI – The price of petrol increased to Rs 92.25 from Rs 91.98 on Thursday, while the price of diesel increased to Rs 85.63 from Rs 84.31.
Petrol and Diesel Prices — The common man is unlikely to see any relief as crude oil prices continue to rise by the day. According to Anuj Gupta, a Senior Technical Analyst at Angel Broking and a commodity and Forex market specialist, the upward trend will only continue in the short to medium term, and the surge may put inflationary pressure on prices of various items.
In the last 11 days, petrol prices have risen by Rs 3.26 per litre, while diesel prices have risen by Rs 3.81 per litre in the national capital region.
Gupta stated that he is bullish on crude oil, predicting that prices will rise in the near future. At 10:11 a.m., February oil futures were trading at Rs 4323 per BBL, down Rs 87 or over 2% from the previous day’s close.
What is the current price of fuel?
- According to current market statistics, the product currently sells for between N165 and N170.
- Petrol is currently lowest in the states of Taraba (N157.33), Borno (N160.1), and Katsina (N160.86), while it is most expensive in the states of Benue (N183.29), Abia (N171.88), and Cross River (N170.5).