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Petrol Prices

Irish Petrol Prices : August 2016

Surveyed in August (avg. retail price per litre)

  Petrol  Diesel
Pump price

127.5c

114.3c
Price before taxes are added 44.869c 43.028c
Breakdown of taxes x 3:
1. Excise (including carbon)* 58.771c 47.902c

2. Nora**

2c 2c
3. VAT (23%) 23.84c 21.37c
Total taxes 82.631c 71.272c
Estimated retailer margin 4c 4c
Estimated wholesaler margin 8c 8c
Average price of a barrel of oil (accurate as of 11 Aug)

$44.341

$44.341
Currency exchange rate - US$1 to Euro (accurate as of 11 Aug) €0.90 €0.90
Tax as % 64.81% 62.35%

 Fuel prices are updated during the second week of each month.

Click here for historical Irish fuel prices (PDF)

 

Local Currency per litre

Euro Price per litre

Country

Currency

Unleaded

Diesel

Unleaded

Diesel

Austria

Euro

1.09

1.01

1.09

1.01

Belgium

Euro

1.32

1.19

1.32

1.19

Bulgaria

Leva

1.94

1.88

0.99

0.96

Cyprus

Euro

1.12

1.11

1.12

1.11

Czech Republic

Czech Koruna

28.98

27.42

1.07

1.01

Denmark

Danish Krone

10.81

9.09

1.45

1.22

Estonia

Euro

1.05

1.03

1.05

1.03

Finland

Euro

1.35

1.15

1.35

1.15

France

Euro

1.27

1.16

1.27

1.16

GB

Pound Sterling

1.10

1.11

1.30

1.31

Germany

Euro

1.27

1.06

1.27

1.06

Greece

Euro

1.52

1.15

1.52

1.15

Hungary

Forint

321.00

319.00

1.04

1.03

Ireland

Euro

1.28

1.14

1.28

1.14

Italy

Euro

1.53

1.38

1.53

1.38

Latvia

Euro

1.02

0.93

1.02

0.93

Lithuania

Euro

1.04

0.93

1.04

0.93

Luxembourg

Euro

1.06

0.89

1.06

0.89

Netherlands

Euro

1.55

1.19

1.55

1.19

Norway

Norwegian Krone

14.37

12.68

1.54

1.36

Poland

Zloty

4.22

3.87

0.97

0.89

Portugal

Euro

1.45

1.19

1.45

1.19

Romania

New Leu

4.77

4.75

1.07

1.07

Slovakia

Euro

1.19

1.02

1.19

1.02

Slovenia

Euro

1.17

1.08

1.17

1.08

Spain

Euro

1.07

1.02

1.07

1.02

Sweden

Swedish Krona

13.09

12.79

1.37

1.34

Switzerland

Swiss Francs

1.44

1.44

1.31

1.31

United States of America

US Dollars

0.57

0.61

0.51

0.55

Using currency exchange rates as at 01 September 2016 quoted in local currency and Euro cent equivalent

* Excise is a duty that is added to the sale of mineral oils, cigarettes and alcohol. It is a fixed amount which is charged per litre and hence does not change as the price fluctuates. Carbon Tax is effectively the same although it is calculated per ton of CO2 generated. It works in precisely the same way as excise duty and really has nothing to do with carbon, and in fact data from Revenue normally lists Excise Duty and Carbon Tax together as one total.

** National Oil Reserves Agency (NORA) is a tax that is added to all oil fuels to ensure that Ireland meets its EU obligations of keeping a 90 day stock of oil in the event of a shortage.