4 Hrs
Source:
ناظورسيتي
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Midnight fuel price hikes begin
Fuel distribution companies in Morocco began implementing a new increase in fuel prices starting from the night of September 30. The price of a liter of diesel rose by 80 cents, reaching between 16.10 and 16.13 Moroccan dirhams, while the price of a liter of gasoline increased by 39 cents, reaching between 15.58 and 15.59 dirhams. This increase comes amid a series of price hikes since mid-July, amounting to approximately 3.54 dirhams per liter for diesel and 1.75 dirhams for gasoline, with the price gap favoring diesel, which exceeds 50 cents. Criticisms point out that coordination between companies before implementing these increases disrupts the competitive market, in accordance with the recommendations of the Competition Council.
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