On Wednesday August 24th, 2016, the price of 95 octane fuel increased by 300 LBP and the price of 98 octane fuel increased by 200 LBP. As for the price of fuel oil it increased by 200 LBP and diesel by 100 LBP.
The table issued by caretaker Minister of Energy and Water Arthur Nazarian set the prices of hydrocarbon derivatives as follows:
- Gasoline 95 octane: 20,800 LBP
- Gasoline 98 octane: 21,300 LBP
- Fuel Oil: 12,300 LBP
- Diesel Oil: 12,400 LBP