Gasoline Prices Increase as Diesel and Gas Costs Fall in Lebanon

Beirut: The latest oil price schedule in Lebanon indicates a significant shift in the costs of gasoline, diesel, and household gas cylinders. On Tuesday, prices for both 95 and 98 octane gasoline saw an increase of LBP 28,000, contrasting with the decline in diesel and gas prices.

According to National News Agency - Lebanon, the revised prices reflect LBP 2,500,000 for 95 octane gasoline and LBP 2,518,000 for 98 octane gasoline. Meanwhile, diesel prices experienced a reduction, now priced at LBP 2,265,000, and household gas cylinders saw a decrease, now costing LBP 1,498,000.

This adjustment in fuel prices comes amid ongoing economic challenges in the region, impacting the cost of living for many residents. The change in pricing may affect various sectors, including transportation and home heating, as the country adapts to fluctuating energy costs.

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