Petrol and diesel prices look set to increase by up to three cent a litre next month because of rising oil prices.
The price of crude oil rose to $67 a barrel today prompted by attacks by militants on oil production in Nigeria, the world's eighth biggest exporter, and concern over Iran's nuclear ambitions.
Conor Faughnan of AA Roadwatch said: "There seems to be something of a surge in oil prices... but it is not as bad as in the third quarter of last year.
"This is likely to translate to a modest increase in retail prices in Ireland in the next four weeks," he added. He said a price increase of two or three cent was most likely.
Oil prices have not risen significantly since last year owing to a relatively mild winter in the United States.
The price of a litre of petrol hit an average of €1.18 last September but is now selling for an average €1.05.
