Oil prices in Lebanon have witnessed a massive drop on Wednesday as the price of 95-octane gasoline has decreased by LBP 137,000 and that of 98-octanes has decreased by LBP 141,000. The price of diesel has decreased by LBP 152,000, and the gas canister has decreased by LBP 90,000. 

Consequently, the new prices are as follows: 

95 octanes: LBP 629,000

98 octanes: LBP 646,000

Diesel: LBP 700,000

Gas: LBP 413,000