Nabil Fahed to LBCI: Fuel oil is an essential commodity for supermarkets

Lebanon Economy
29-06-2021 | 05:10
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
Nabil Fahed to LBCI: Fuel oil is an essential commodity for supermarkets
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
0min
Nabil Fahed to LBCI: Fuel oil is an essential commodity for supermarkets
Head of the supermarket owners' syndicate Nabil Fahed said on Tuesday that a number of supermarkets closed their doors because they run out of fuel, pointing out that they will reopen their doors in the event that they will have access to fuel oil.
 
Fahed’s comments were made during an interview with Nharkom Said TV show whereby he stressed that the fuel oil is an essential commodity for supermarkets.
 
He also noted that the increase in the cost of fuel oil will be reflected in the prices of commodities in supermarkets, revealing that the increase in the cost of fuel oil by 50% will lead to an increase in the prices of food commodities by at least 5%.
 
Fahed concluded by saying that the stock in supermarkets is priced in US dollars, adding that prices are set according to the suppliers' price lists."
 

Breaking Headlines

Lebanon News

Lebanon Economy

Fuel Oil

Lebanon

Supermarkets

LBCI Next
President Aoun emphasizes importance of agricultural sector, highlights efforts to boost exports to Gulf countries
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More