Lebanon fuel prices amid oil decline

Fuel prices in Lebanon have decreased for the second consecutive week, with gasoline and diesel prices dropping due to a global decline in oil prices and the stability of the dollar exchange rate at 89,700 pounds. The 95-octane gasoline barrel is now priced at 2,382,000 lira, while diesel stands at 2,034,000 lira; the price of a gas cylinder remains steady at 1,287,000 lira. This decline reflects the effect of falling oil prices on local fuel costs, although the expenses still remain high for households and economic sectors.

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