Petrol price hits record high in Spain

Petrol prices in Spain reached a record high on Friday, data published by the EU Energy Oil Bulletin showed.

The price of one liter of petrol rose to 1.285 euros (1.74 U.S. dollars), breaking the previous record of 1.276 euros (1.726 dollars) per liter on July 14, 2008.

The 2008 record was reached just two months before Lehman Brothers went bankrupt, and at a moment when fuel prices were rising sharply.

The new high means it is now approximately 9 euros (12.77 dollars) more expensive to fill the fuel tank of an average family car compared with 12 months ago.

Source:Xinhua

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