Petrol down to €0.86 per litre

The price of petrol is down to €0.86, its lowest level since January 2005, and diesel is down to €0.889, its lowest level since January 2007.

At their peaks, in July 2008, petrol was €1.276 per litre and diesel was €1.329 for one litre.

The surge in summer fuel prices coincided with a record high price for Brent crude, €147 per barrel. However, the current price is a mere €46.45 per barrel, quite a difference.

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