To keep our ‘low fuel prices, always’ policy we check the price of fuel in each of our stations’ local area regularly (see our Terms of Use). We then set our pump prices to ensure that we are always at least as low as the lowest competing site in this area.

Like any business we have to take into account the cost of our fuel when setting our prices. We track the international price of refined oil products on a daily basis. These prices are quoted by brokers in US $ per tonne. An industry standard tonnes-to-litres conversion factor is used to convert to litres and the current €/US $ rate of exchange is applied to arrive at cost per litre. If the price is CIF it includes carriage insurance and freight and is effectively a price landed at a post in Ireland.

In addition a cost for Port duties and storing it in the importing terminal together with transport to the service station and a retail margin make up the balance of the fuel cost excluding taxes and duties.