Oil Prices in Lebanon Witness Notable Decrease

Beirut: In a recent update on fuel prices in Lebanon, the cost of various oil products has seen a reduction. The price of both 95-octane and 98-octane gasoline has decreased by LBP 10,000, while diesel prices have dropped by LBP 16,000. Additionally, the cost of gas cylinders has been reduced by LBP 6,000. According to National News Agency - Lebanon, the revised prices set for these products are now LBP 1,387,000 for 95-octane gasoline, LBP 1,427,000 for 98-octane gasoline, LBP 1,316,000 for diesel, and LBP 1,100,000 for gas cylinders. This adjustment in pricing offers some financial relief to consumers in the country.