A welcome decline was witnessed in fuel prices today after a prolonged period of increases resulting from global developments.
Citizens can breathe a sigh of relief, as prices have declined significantly.
Citizens’ suffering had increased considerably, especially since fuel prices negatively affect large segments of society.
Repercussions of Rising Fuel Prices
Furthermore, prices have repercussions that extend to numerous products directly and indirectly linked to energy.
Hope for Price Stability
Therefore, the hope is that prices will stabilize and continue to decline in light of anticipated breakthroughs in the coming days and weeks.
New Price Decline
Finally, Lebanon’s fuel price schedule recorded a new decline, with gasoline and diesel prices falling, a development that will impact transportation costs and certain sectors directly linked to energy prices, amid continued fluctuations in global oil prices and the dollar exchange rate in the local market.
The prices were as follows:
– 95 Octane Gasoline: 2,490,000 Lebanese Pounds (-51,000)
– 98 Octane Gasoline: 2,507,000 Lebanese Pounds (-51,000)
– Diesel: 2,106,000 Lebanese Pounds (-31,000)
