AA Ireland’s latest fuel price analysis shows a mixed picture for motorists in June, with diesel prices continuing to fall while petrol prices experienced a modest increase. Despite the reduction in diesel costs, fuel prices remain elevated compared to levels seen earlier this year and continue to place pressure on household budgets.
Diesel prices fell to an average of €1.88 per litre in June, down 9 cents from May’s average of €1.97 per litre. Petrol prices increased slightly to an average of €1.84 per litre, up 2 cents from May’s average of €1.82 per litre.
Meanwhile, EV charging rates remain broadly stable compared to May, continuing to provide motorists with more predictable running costs in contrast to fluctuating fuel prices.
Key changes from May to June:
• Diesel: €1.88 per litre on average in June (down 9 cents from €1.97 in May)
• Petrol: €1.84 per litre on average in June (up 2 cents from €1.82 in May)
• EV charging: Home and PAYG public charging prices remain stable month-on-month
An AA Ireland spokesperson said:
“Diesel motorists will welcome another reduction in fuel costs this month, with prices continuing to move away from the highs experienced earlier in the year. However, the slight increase in petrol prices serves as a reminder that fuel markets remain unpredictable and can move in different directions within a short period.”
“While recent trends have provided some relief for drivers, fuel prices remain vulnerable to global market developments. Factors such as oil production, geopolitical events and currency fluctuations continue to influence prices at the pump and motorists should remain mindful that further changes are possible in the months ahead.”
AA Ireland notes that fuel prices continue to be influenced by global market conditions, including international oil supply, geopolitical uncertainty and fluctuations in currency markets. While diesel prices softened further in June, volatility remains a feature of global energy markets and could impact prices in the coming weeks.
EV Costs Continue to Offer Stability
In contrast to fluctuating petrol and diesel prices, EV charging costs have remained stable again this month. AA Ireland says this continues to highlight the longer-term cost predictability associated with electric vehicle ownership, particularly for drivers who primarily charge at home on discounted night-rate electricity tariffs.
Vehicle Maintenance Plays an Important Role
AA Ireland is also reminding motorists that regular vehicle maintenance can improve fuel efficiency and reduce running costs.
“Simple checks such as maintaining correct tyre pressure, servicing the vehicle regularly and replacing worn air filters can all help improve efficiency,” the spokesperson said. “Keeping a vehicle properly maintained not only improves safety but can also make a noticeable difference to fuel consumption over time.”