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End October forecast
forecast
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2012-10-15 08:35:04

Middle East geopolitical concerns are keeping oil prices at the current price levels and there is nothing to suggest any dramatic price movement in either direction over the next couple of weeks.

The weakening of the US dollar last month did stave off the 1.70+ prices that were being predicted and for the next while expect prices to be relatively stable at about 1.68 for unleaded and 1.60 for diesel



tarabuses
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2012-10-22 13:59:33

I can't belive that some stations are still selling petrol above €1.70.


vickers209
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2012-10-22 20:06:52

Have noticed a drop in my local stations petrol down to 164.9 today diesel at 155.9 been droping a cent every 6 days or so


Liju
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2012-10-22 21:49:30

cartman51773
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2012-10-24 11:38:43

yet more drops petrol down to 161.9 now


hulkie
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2012-10-24 13:44:40

xthe-stig
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2012-10-25 09:24:22

How come diesel isnt dropping in comparision, petrol around here is down to 159.9 but diesel didnt drop at all


mcaul
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2012-10-26 08:59:04

Dollar is stable and oil prices have only drop a wee bit, yet forecourt prices have fallen?? - How Come?

Here is where we can clearly see seasonal refinery factors at play. In the summer some refineries shut down for servicing and others ramp up producton of petrol due to demand from holiday makers taking driving holidays (paticularly in USA). Diesel demand is lower as less heating oil is needed and consumer demand is lower.

Now we are approaching peak home heating season and peak commercial transport season, so a lot more diesel needs to be produced.

From a standard barrel of oil, a certain percentage can be easily refined into diesel / petrol, but when demand is higher for one form, the cost of refining the extra amount needed is quite high as it needs extra processes. Therefore over the past few weeks we have seen the summer driving premium come off petrol, but the winter heating / transport premium go onto diesel.

  


tarabuses
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2012-10-27 12:41:44

tarabuses
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2012-10-27 12:42:49

tarabuses
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2012-10-27 12:44:39

tarabuses
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2012-10-27 12:46:43

tarabuses
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2012-10-27 16:57:13

Sorry about the blank messages but there was content which I tried to post four times.  Pumps.ie didn't want to receive it for some reason.,


athacliath4
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2012-10-27 17:18:44

162.9 in Esso Rathgar rd

the prices are certainly coming down 


ramy2k
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2012-10-27 18:17:39

About time! Especially seeing as they never passed on the drop which we should have seen when brent was @ $108/1.30 over the last 4-6 weeks on/off. Petrol should have nearly come down from 1.70 to 1.55 but 'apparently' the drops were decimated by refinery costs....a full 10-15 cent?

The previous forecast of sub 1.60 for petrol never happened - avg held about 168. We're only now seeing a portion of this drop.

Still a few stations holding firm @ 1.70 i notice although most are dropping 2-3 cents/l.


cartman51773
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2012-10-30 08:50:15

petrol in meath is now 155.9 and 150.9 for diesel so i dont know why prices in dublin are still kept high


tarabuses
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2012-10-30 13:16:07

A very good point, Cartman51773.  The cheapest I can see for petrol in Dublin as I type is 160.8 while several stations are still charging 169.9!


ramy2k
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2012-10-30 15:36:05

I fully agree with both of you. An example Maxol in Carlow is listed as 1.539 for petrol and some Dublin stations are over 1.70. We're clearly getting fleeced in Dublin.


robert muldoon
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2012-10-31 21:15:56

Yes 152 in Carlow and 170 in Artane , that would make a good tabloid headline and dubliners might wake up to what's going on


cartman51773
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2012-11-01 08:44:18

yes all very strange. they all stick together to keep the prices high. its 155 in meath and in Drogheda 167. up in Dublin anything from 169 to 164


David Marshall
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2012-11-01 17:34:44

roundtower
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2012-11-02 14:38:16

Danno
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2012-11-03 00:26:26

pinkyz
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2012-11-03 15:03:12

dalys service station johnstown co kilkenny petrol 156.9 diesel 154.9 .........


Danno
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2012-11-06 23:13:26

Danno
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2012-11-06 23:13:41

Danno
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2012-11-06 23:13:51

cartman51773
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2012-11-07 11:37:49

whats with all the blank posts

 


Danno
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2012-11-07 22:32:41

mikeecho
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2012-11-08 13:41:48

whenever i try and post here while using my phone (Android Jelly Bean or Icecream sandwich or Gingerbread). it never appears


robert muldoon
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2012-11-09 22:51:25

What's the story with Mount Brown James St Dublin 


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