Fuel excise cuts announced last weekend by the Government came into effect at midnight.
The Dáil approved the measures yesterday, which see taxes on both diesel and petrol reduce by a further 10 cent per litre. The latest reductions follow a first round of excise cuts that came into effect last month.
The latest reductions see the excise duty on a litre of both diesel and petrol dropping by 10 cent.
Bringing the total tax reduction since last month to 32 cent on diesel, and 27 cent on petrol.
The measures kicked in at midnight, with any fuel leaving a depot since subject to the lower taxes.
But according to Fuels for Ireland, "disrupted conditions" in recent days means some fuel arriving at sites after the change will have left facilities at the old excise rate.
The industry body says the reduction is coming through, but there will be a lag as lower duty fuel works its way through the system.
The 10 cent drop in excise duty should bring average diesel prices back to around €2.04 per litre, and petrol back to roughly €1.81 a litre.
However, higher oil prices in the aftermath of the Government announcement at the weekend, mean wholesale price rises could limit the drop in pump prices.
Read more: What do the latest fuel excise cuts mean for pump prices?
