Gasoline prices rise for 7th week in a row

WEDNESDAY, 23 MAY 2012

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Gasoline prices rise for 7th week in a row

February 01, 2012 09:33 AM

The Daily Star

The price of 98-octane rated fuel is now sold at LL35,900, while the 95-octane rated fuel is LL35,200.

BEIRUT: Fuel prices were up for a seventh week in a row Wednesday with gasoline increasing by up to LL500, according to the Energy and Water Ministry’s latest price list update.

The price of 98-octane graded gasoline is now LL34,200, an increase of LL400 from last week, while the price of 95-octane graded gasoline is now LL33,600, an increase of LL500.

The price of diesel rose by LL200 and now costs LL29,900. Diesel prices jumped last week after the lifting of an approximately month-long LL3,000 subsidy on the fuel.

Kerosene was up LL300 and now costs LL29,000 while gasoil was up LL200 and costs LL29,800.

All prices are per 20 liters.

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