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Dutch fuel prices hit record high

Fuel prices at the pumps have reached record levels in the Netherlands, and people are feeling the unrest in the Middle East in their pockets considerably.

The disturbances in the Arab world has pushed the price of petrol to a new record high.

Today one liter of unleaded fuel costs on average 1.697 euros at the pump. This one liter petrol costs more than ever, according to united Consumers.

The previous record dates back to June 2008, when one liter of unleaded fuel cost 1.692 euros.

Since the beginning of the unrest in the Arab world, the price of oil and related fuel prices are rising. Depending on how the situation develops, the price of petrol may rise further to 1.80 euros or 1.90 euros, says United Consumers.

The price of a barrel of oil as recently noted Thursday a few times before the case was over $ 100. Oil companies decide on the basis of that price to consumers at the pump prices they charge.

The price for a barrel of crude oil is now over $100 on the Exchange — the first time that oil has settled above $100 since September 2008, the month that the Global financial meltdown began in earnest.