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Petrol Prices

Irish Petrol Prices : July 2019

Surveyed in July (avg. retail price per litre)

 

Petrol 

Diesel

Pump price

139.5c

129.9c

Price before taxes are added

52.639c

55.708c

Breakdown of taxes x 3:

1. Excise (including carbon)*

58.771c

47.902c

2. Nora**

2c

2c

3. VAT (23%)

26.09c

24.29c

Total taxes

86.861c

74.192c

Estimated retailer margin

4c

4c

Estimated wholesaler margin

8c

8c

Average price of a barrel of oil (accurate as of 22 July)

$63.76

$63.76

Currency exchange rate - US$1 to Euro (accurate as of 22 July)

€0.89

€0.89

Tax as %

62.27%

57.11%

 Click here for historical Irish fuel prices (PDF)

Local Currency per litre


 

Country

Currency

Unleaded

Diesel

 

Austria

Euro

1.27

1.21

 

Belgium

Euro

1.43

1.42

 

Czech Republic

Czech Koruna

32.63

31.72

 

Denmark

Danish Krone

12.40

10.50

 

Finland

Euro

1.56

1.37

 

France

Euro

1.52

1.42

 

Germany

Euro

1.48

1.26

 

Greece

Euro

1.62

1.38

 

Netherlands

Euro

1.69

1.36

 

Hungary

Forint

392.38

393.38

 

Ireland

Euro

1.42

1.31

 

Italy

Euro

1.60

1.48

 

Luxembourg

Euro

1.24

1.09

 

Estonia

Euro

1.36

1.33

 

Norway

Norwegian Krone

17.15

15.77

 

Latvia

Euro

1.28

1.18

 

Lithuania

Euro

1.23

1.14

 

Poland

Zloty

5.15

5.06

 

Slovakia

Euro

1.35

1.22

 

Slovenia

Euro

1.30

1.23

 

Portugal

Euro

1.52

1.35

 

Spain

Euro

1.32

1.21

 

Sweden

Swedish Krona

16.08

15.83

 

Switzerland

Swiss Francs

1.66

1.73

 

United States of America      United Kingdom

US Dollars

Pound Sterling

0.73

128.4

0.81

131.4

 

Malta

Euro

1.36

1.23

 

Bulgaria

Romania

Leva

New Leu

2.17

5.60

2.16

5.66

 

Cyprus

Euro

1.20

1.22

 

International Fuel Prices Accurate as of 06/08/2019

* 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.