Oil prices have hit their highest level since early July.
The average price for 500 litres of oil in Donegal is €740.
The cost of a barrel is above 100 dollars, raising concerns about the impact it may have on forecourt prices.
The price has been rising after an escalation in tensions in the Middle East.
CEO of Fuels for Ireland, Kevin Partlan says it will take a number of weeks for this latest spike in prices to be reflected at the pumps:
