A member of the Syndicate of Petrol Station Owners, Dr. George Al-Barraks, said in a statement that “the change in fuel prices today is the result of an equation between the low exchange rates of the dollar in the Lebanese and approved markets, for the issuance of the price installation schedule and the rise in oil prices in global markets.” He explained that “the Bank of Lebanon reduced the exchange rate of the dollar insured by it to import 85% of gasoline from 22,600 to 21,500 L. L. From 22,965 to 21,340 L. L. On the other hand, the prices of imported oil increased, as the price of a kiloliter of gasoline rose by 44 dollars on today’s schedule.

By sarah

Sarah Othman, biochemistry student, holds a master's degree 1 from the Lebanese University. Seeking to obtain a second degree in the field of informatics. She works in the media field at Rahal Global News. Interested in cultural, artistic and news matters. A teacher in a school, and a private teacher . Holding laboratory experience in a government hospital and in private laboratories.