On Tuesday morning, the Lebanese Ministry of Energy and Water increased the fuel prices in Lebanon, with the rate of the USD in the black market floating around 35,000 LL.
The latest prices now, as of the time of writing, are as follows:
|95-Octane Gasoline||634,000 LL||+6,000 LL|
|98-Octane Gasoline||649,000 LL||+6,000 LL|
|Diesel||785,000 LL||+8,000 LL|
|LP Gas||344,000 LL||+3,000 LL|
The new fuel pricing mechanism has been adopted starting yesterday, as 20% of the value of fuel prices began to be secured on “Sayrafa” rate, and 80% through the black market rate.