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Syria Introduces Daily Fuel Price Reviews Following New Increase

Syria Introduces Daily Fuel Price Reviews Following New Increase

Damascus, July 16, 2026 — Syria’s Permanent Committee for Determining the Prices of Petroleum Products and Mineral Resources has announced the introduction of a daily pricing bulletin for fuel products as part of a new mechanism linking domestic price reviews to changes in global markets.
The committee stressed that publishing a daily bulletin does not mean fuel prices will necessarily change every day. Instead, prices will be reviewed on a daily basis, with adjustments introduced only when market conditions require them.
The announcement coincided with a new increase in the prices of several petroleum products in Syria. According to the committee, the latest adjustment was prompted by a rise in international oil and refined-product prices in recent days, which increased the cost of securing fuel supplies.
Under the prices reported after the decision took effect, 95-octane petrol rose to 145 new Syrian pounds per litre, while 90-octane petrol increased to 140 pounds. Diesel was priced at 120 pounds per litre. The price of an industrial gas cylinder reached 2,400 pounds, while the household gas cylinder remained unchanged at 1,500 pounds.
The committee said the new pricing mechanism is intended to make future adjustments more gradual, whether prices are moving upward or downward, rather than introducing large changes at widely spaced intervals.
It also said that daily reviews would help improve market stability, reduce rumours concerning the timing of price changes and support the continued availability of petroleum products to consumers.
However, market stability and the uninterrupted availability of fuel remain stated objectives of the new mechanism rather than confirmed outcomes. Its actual impact will depend on how the policy is implemented and whether future declines in international prices are reflected in the domestic market as promptly as increases.

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