Petrol and diesel prices fall, but high taxes limit reductions at the pumps

Petrol and diesel prices fell this month as the cost of a barrel of crude oil has been collapsing on world markets

Petrol and diesel prices fell this month as the cost of a barrel of crude oil has been collapsing on world markets.

The price of a litre of petrol is down 4c this month to €1.76 on average, according to the May AA Ireland Fuel Price Survey.

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