Prices of diesel fuel in Ireland 2000-2019
Ireland has seen an overall increase in the price of diesel fuel since 2000, with prices amounting to 1.33 euros per liter as of 2019. Between 2009 and 2012 there was a sharp increase, with prices peaking at 1.55 euros per liter. The following four years experienced annual decreases in price, however, since 2016 prices have been increasing. Between January 2016 and December 2019, prices peaked in October 2018 at 124.9 British pence per liter.
Diesel prices increasing
It is not just Ireland that has seen significant price increases. The price of diesel has been increasing globally due to restrictions on supply, deceased production and sanctions. The cost per barrel of Brent crude oil increased from 43.55 U.S. dollars in 2016 to 64.34 U.S. dollars by 2019.
Diesel cars the most popular despite a fall in sales
Despite a decline in the overall number of diesel cars sold, and a growth in petrol and electric car sales in recent years, diesel powered passenger cars remain the most popular in Ireland by far. However, the decrease in sales signals a shift away from this type of engine.
Diesel prices increasing
It is not just Ireland that has seen significant price increases. The price of diesel has been increasing globally due to restrictions on supply, deceased production and sanctions. The cost per barrel of Brent crude oil increased from 43.55 U.S. dollars in 2016 to 64.34 U.S. dollars by 2019.
Diesel cars the most popular despite a fall in sales
Despite a decline in the overall number of diesel cars sold, and a growth in petrol and electric car sales in recent years, diesel powered passenger cars remain the most popular in Ireland by far. However, the decrease in sales signals a shift away from this type of engine.
