According to a source in the sector, diesel will increase by 0.5 cents per litre and petrol is expected to fall by 0.5 cents per litre.

If the forecasts for next week are confirmed, the average price of simple diesel should be set at €1.543/l, while that of simple 95 petrol should be €1.658/l, according to NM.

However, it is important to note that these figures may not be valid due to the carbon tax that has been unfrozen by the Government and may change.

According to the ACP website, "the measures in force include the reduction of the ISP (which is equivalent to a reduction in VAT of 23% and 13%), the compensation mechanism through which the ISP is reduced in relation to the additional VAT revenue and the suspension of the update of the carbon tax".