The price of petrol exceeds 1.7 euros and breaks a record in the third week of August

Gasoline car drivers are already paying for a liter of fuel at the highest level on record in the third week of August, after the fuel has risen by almost 13 cents since June and has accumulated six consecutive weekly climbs.

Oliver Thansan
Oliver Thansan
24 August 2023 Thursday 11:03
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The price of petrol exceeds 1.7 euros and breaks a record in the third week of August

Gasoline car drivers are already paying for a liter of fuel at the highest level on record in the third week of August, after the fuel has risen by almost 13 cents since June and has accumulated six consecutive weekly climbs. According to data published by the European Commission with average prices corresponding to Monday, a liter of petrol currently costs 1.709 euros in Spain, after having risen by 1.7% in just one week. It is also the highest level since the beginning of the year. The current price not only exceeds 1.7 euros for the first time in 2023, but is also above 1.58 euros in the same week last year, when it was at its all-time high due to the tensions in international fuel prices caused by the invasion of Ukraine. The price during the same week last year was actually 1.78 euros, but at Spanish outlets it had been reduced to 1.58 euros after deducting the bonus of 20 cents per liter applied by the Spanish Government until to December 31 of last year. In the case of diesel, the liter has risen by 3.2%, up to 1,601 euros.