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FUEL PRICES

Fuel prices decrease slightly

Fuel prices decrease slightly

(Credit: João Sousa/L'Orient Today)

BEIRUT – Fuel prices continued to fall, according to a new price list released by the Energy Ministry on Friday.

Here's what we know:

    • Fuel prices fell slightly on Friday for the second time in 24 hours.

    • The cost of 20 liters of 95-octane gasoline is now LL353,600, down LL1,000 from yesterday. The cost of 20 liters of 98-octane gasoline is now LL364,800, also down LL1,000 from yesterday.

    • The cost of 20 liters of diesel is now LL325,800, a drop of LL5,400.

    • A cylinder of household cooking gas now costs LL276,000, a drop of LL4,300.

    • The Energy Ministry regularly modifies prices according to the exchange rate of the Lebanese lira on the parallel market and global oil prices.

    • Commenting on today’s price change, spokesperson for gas station owners George Brax said the change was solely due to the decline in the lira to dollar exchange rate on the parallel market, oil prices being unchanged since the last price adjustment. 

BEIRUT – Fuel prices continued to fall, according to a new price list released by the Energy Ministry on Friday. Here's what we know:    • Fuel prices fell slightly on Friday for the second time in 24 hours.    • The cost of 20 liters of 95-octane gasoline is now LL353,600, down LL1,000 from yesterday. The cost of 20 liters of 98-octane gasoline is now LL364,800, also...