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Brax says fuel prices are expected to decrease this week

06-12-2021 | 03:13

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Brax says fuel prices are expected to decrease this week

Member of the Syndicate of Petrol Station Owners in Lebanon George Brax tweeted on Monday that "we are expected to witness a decline in fuel prices this week.”

He explained that it is due to “the drop in international oil prices, as the price of a barrel fell below USD 70,” in addition to “the decrease of the US dollar to LBP exchange rate in the past days,” saying that “all indicators do not show any rise in upcoming days.”

المتوقع ان نشهد تراجعا في اسعار المحروقات هذا الاسبوع لسببين:
الاول نتيجة انخفاض اسعار النفط العالمية حيث تدنى سعر البرميل الى ما دون ٧٠ دولار اميركي والثاني لأن سعر صرف الدولار مقارنة بالليرة تراجع خلال الايام الماضية وجميع المؤشرات لا تبين أي ارتفاع سيطاله في الايام المقبلة.
— Georges Brax (@brax_georges) December 6, 2021

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