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Gasoline and diesel still falling in Lebanon, gas continues to rise

Gasoline prices in Lebanon continued this Tuesday their decline that began on October 29, according to the latest price list published by the Ministry of Energy and Water. Diesel follows the same trend that began on October 18 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 rise again since the end of October, to 74.85 and 71.38 respectively. dollars this morning). Prices in Lebanon are calculated based on an index, the S&P Global Platts, which measures the average of oil prices in dollars over several weeks.

On the other hand, the price of a domestic gas cylinder increased further, taking the equivalent in Lebanese pounds by more than 3 dollars over the same period.

Here are the new prices:

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

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

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

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

Kiloliter of fuel oil (used to power private electricity generators): $669.74 (-$3.72 compared to last November 1).

Gasoline prices in Lebanon continued this Tuesday their decline that began on October 29, according to the latest price list published by the Ministry of Energy and Water. Diesel is following the same trend that began on October 18. These trajectories are consistent with the evolution of oil prices since the second week of October (Brent and WTI have fallen by…


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