Petrol and diesel prices hold steady in December to the relief of motorists

Petrol prices have not moved for two months following a price rise due to carbon tax being increased in October’s budget.

Diesel prices are up marginally this month, according to the AA Ireland December fuel survey.

And there is no change in the cost of charging an electric vehicle (EV), the survey shows.

A litre of petrol costs an average of €1.74 across the country in December, unchanged from November.

Diesel was found to be €1.73 a litre in December, up slightly from €1.72 in November.

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Both petrol and diesel went up by around 2c each after the latest rise in carbon tax announced in the budget.

EV home charging and pay-as-you-go public charging prices remain unchanged in the month.

An AA Ireland spokesperson said: “December saw very little movement in fuel prices, which will come as welcome news for motorists during what is typically a busy and expensive time of year.

“While diesel did rise slightly, the increase was minimal and petrol prices remained steady for the second consecutive month.”

The spokesperson said the continued stability in EV charging costs is also positive, providing reassurance to electric vehicle drivers as we move towards the end of the year.

The survey shows that fuel costs have largely levelled off following periods of volatility earlier in the year.

Global oil prices, currency movements and supply factors continue to influence prices, but their impact at the pumps was limited during December.

Markets are fairly stable and that is reflected in prices at the pumps

AA Ireland said with increased travel over the festive period, motorists should remain mindful of fuel costs and shop around where possible, as prices can still vary significantly between regions.

Kevin McPartlan of Fuels for Ireland, which represents oil importers, ­petrol stations and oil distributors, said the cost of crude oil has not changed much in the past two months.

“Markets are fairly stable and that is reflected in prices at the pumps,” Mr McPartlan said.

Crude-oil prices slipped back yesterday as traders weighed geopolitical risks.

The US signalled it might sell the Venezuelan crude oil it has seized while Ukraine’s attacks on Russian vessels and piers heightened fears of supply disruption.

Brent crude futures edged lower by 13c, or 0.2pc, to $61.94 per barrel.

Senior market analyst at brokerage Phillip Nova, Priyanka Sachdeva, said in a note: “Crude-oil markets are grinding through the final weeks of 2025 with prices largely subdued, reflecting a tug-of-war between persistent bearish fundamentals and intermittent bullish headlines.”

While prices have shown modest rebounds on geopolitical headlines throughout 2025, the broader narrative points to a balance of sluggish demand and oversupply, she said.

US president Donald Trump said the US might keep or sell the oil it had seized off the coast of Venezuela in recent weeks, amid his pressure campaign on the country, which includes a “blockade” of oil tankers under sanctions entering and leaving Venezuela.

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