Unprecedented levels for a litre of fuel

Taken from recent raw copy:

While the price of fuel may have dropped in recent weeks, we’re still at unprecedented levels for a litre of fuel

If the price of fuel is lower than it was a few weeks ago, surely it can't be at an unprecedented high. The precedent was set a few weeks ago. Unless this is an unprecedented low?

(I understand the point the writer is making; I'm just being pedantic. I think I rewrote the sentence, though, because some of our readers are pedantic too.)

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