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Petrol Prices Set To Rise Up To 8c A Litre After Saudi Oil Refineries Bombed

98FM News
98FM News

12:29 21 Sep 2019


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One of the country's biggest fuel companies says we can expect petrol prices to rise from this weekend onward.

It's after the bombing of two major oil refineries in Saudi Arabia drove up the price of crude oil.

Houthi rebels claimed credit for the attacks -- but the United States and the Saudi government are blaming Iran, which denies any involvement.

On Monday global crude oil prices spiked by 15 per cent -- the biggest daily increase in 30 years.

And from this weekend on, drivers here can expect to feel the heat.

The filling station chain Applegreen is warning the price of petrol and diesel at the pumps will rise by three or four cent a litre, according to the Irish Independent.

The paper quotes Applegreen chief executive Bob Etchingham, who says the increases will kick in the coming days.

The AA, meanwhile, says prices could go up by seven or eight cent a litre.

It means drivers could pay up to €4.40 more to tank up the average family car.


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Applegreen Bob Etchingham Diesel Petrol Petrol Prices Saudi Oil Refineries

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