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FUEL PRICES

Gasoline and diesel still down, gas continues to rise

Gasoline and diesel still down, gas continues to rise

A disused gas station in Mar Mikhael, Sept. 15, 2024. (Credit: Philippe Hage Boutros)

Gasoline prices in Lebanon continued their decline on Tuesday, according to the latest price list published by the Energy and Water Ministry. Diesel prices also saw a decrease. These trajectories are consistent with the evolution of oil prices since the second week of October (Brent and WTI fell by a few dollars before starting to climb again since the end of October, at $74.85 and $71.38 respectively this morning).

On the other hand, the price of a domestic gas cylinder increased again.

Here are the new rates:

20 liters of 95 octane gasoline: LL 1,453,000 (-LL 16,000)

20 liters of 98 octane gasoline: LL 1,493,000 (-LL 16,000)

20 liters of diesel (for vehicles): LL 1,309,000 (-LL 6,000)

Domestic gas cylinder: LL 1,032,000 (+LL 16,000)

Kilolitre of fuel oil (used to power private electric generators): $669.74 (-$3.72).

Gasoline prices in Lebanon continued their decline on Tuesday, according to the latest price list published by the Energy and Water Ministry. Diesel prices also saw a decrease. These trajectories are consistent with the evolution of oil prices since the second week of October (Brent and WTI fell by a few dollars before starting to climb again since the end of October, at $74.85 and $71.38...