The price of a litre of fuel at Irish petrol stations could hit €2.60 by the end of next month according to the head of an Irish oil firm.
Petrol and diesel topped €2 recently prompting a cut in excise duty.
Paddy Comyn from the AA says prices have come down significantly in recent days across the country.
He says they could rise again but such a dramatic increase would depend on a number of factors.
