New Pricing Bulletin Issued
The Syrian Company for Storage and Distribution of Petroleum Materials, known as Moharrakat, published a new schedule for petroleum derivative prices on Thursday, 7 May 2026, replacing the prices in force since the previous adjustment in November 2025.
The bulletin, which the state distributor issues periodically, sets the new benchmarks for diesel, both grades of benzine, and household and industrial cooking gas at fuel stations and authorized distributors across the country.
Headline Prices on the New Schedule
Under the new bulletin, first-grade diesel (mazut) is set at US$0.88 per liter, Benzine 90 at $1.10 per liter, and Benzine 95 at $1.15 per liter. The residential gas cylinder is priced at $12.50 and the industrial cylinder at $20.00.
These figures are the dollar-denominated reference; the schedule then converts each one into Syrian pounds using a published fuel-dollar exchange rate.
Sharp Increases From November 2025
Compared with the November 2025 schedule, Benzine 90 rises by roughly 29 percent, Benzine 95 by about 26 percent, and diesel by close to 17 percent. The residential cooking-gas cylinder is up nearly 19 percent, with the industrial cylinder lifted by a similar share.
It is the first nationwide reset of fuel prices in roughly six months, after a long stretch in which the official schedule had drifted out of step with parallel-market quotes.
Dollar Pegging at 133 Pounds
The schedule converts dollar prices into new Syrian pounds (SYP) at a fuel-dollar rate of 133 pounds, equivalent to 13,300 of the pre-redenomination notes. The Syrian pound has been trading around that level against the US dollar (USD), with sell rates near 13,300 in early May 2026.
Anchoring fuel transactions to a published dollar reference is intended to keep retail prices aligned with currency moves rather than lagging them and forcing larger one-off resets later.
Pressure on Households and Industry
The increase will feed quickly into transport fares, bakery costs, and the operating bills of factories that rely on diesel for back-up generation, three categories that already absorb a large share of household spending.
Industrial consumers, who pay $20.00 for the larger cylinder, face the steepest absolute step-up, while households grappling with the higher cost of the standard cylinder will feel the change at the kitchen level. Farmers and freight operators dependent on mazut for irrigation and trucking will see costs rise in parallel.