Cheaper fuel prices for 2016 announced

National fuel supplier Enemed Co Ltd has announced lower fuel prices for 2016. 

Prices for diesel and kerosene are down 4c to €1.22/l, while the price of unleaded petrol is down 3c per litre, selling at a maximum of €1.32/l. Gasoil for heating will continue to be sold at €1.00/l

The price drop reflects a worldwide trend, caused by an excess in the supply of oil to the markets.

Consumers are advised not rush to the pumps just yet, however  - the new prices come into effect on the 2nd January 2016.