Oil prices have been volatile since the Russian invasion of Ukraine in 2022.
An Offaly oil company owner says she believes new housing developments are starting to marginalise oil consumption in Ireland.
It comes as price tracking website oilprices.ie recorded a fall of 5 per cent last year - with the current price for 1,000 litres standing at 977 euro.
Oil prices have been volatile since the Russian invasion of Ukraine in 2022.
It's been warned factors such as sanctions on Russian oil due to the war in Ukraine could cause prices to surge upwards again.
Rita Lambe owns Lambes Oil in Tullamore, she says business was good over the course of last week's cold snap.
She believes while homeheating oil faces challenges, there's a resilient market for the product domestically:
New Amendment Strengthens Protections For Buying Financial Services Online
Midlands Business Man Honoured By US Congressman
Jozef Puska's Lawyers Suggest Potential Change In Murder Appeal Case
Offaly Duo Unite To Launch 'Storm Chasers Ireland'
Former Laois STEM Engagement Officer Hopeful Regional Programme Will Return
Westmeath Toastmasters Club Marks 30th Anniversary
Laois Nursing Home Makes Significant Progress On Compliance Issues
Two Men Charged Over Aggravated Burglary In Westmeath
Offaly Students Head To Switzerland For 2026 Hydrogen Grand Prix World Final
El Niño Conditions Strengthen Risk Of Global Extreme Weather Events
Gardai Arrest Two Men Over Aggravated Burglary In Westmeath
Westmeath Councillor Calls For Government Action On Drink Spiking Protocols
€22.5m In Rural Regeneration Funding Still Unspent Across Midlands
New Westmeath Oral Heritage Training Programme Launches
Midland Hospitals Owed Over €2.2 Million In Unpaid Patient Fees
Plans Submitted For Major Offaly Solar Farm
Nursing Homes Body Seeks Clear Action
Midlands Youth Call For €27m Budget Boost For Youth Services
Verdict Of Death By Misadventure Recorded At Inquest Of Offaly Prisoner
Offaly TDs Urged To Increase Youth Work Funding In Budget 2027