However, it's still twice as expensive as this time last year.
The price of oil has dropped 20% since June.
1,000 litres of oil now costs between €1290 and €1350, which is €250 cheaper than two months ago, but still twice as expensive as as this time last year.
Rita Lambe, from Lambe's Oil in Tullamore, says the price of oil fluctuates every 15 minutes.
She says she's never seen anything like it:
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