Fuel Prices Expected to Stabilize for Moroccan Drivers in December

December will be calm. For the beginning of the month, the market will be marked by stability, and this could last until December 31, according to the daily Les Inspirations Éco, which relies on statements from professionals in the hydrocarbon sector. They say this stabilization remains aligned with the fluctuation of international prices, particularly for refined fuel, Platts. Moreover, the Competition Council, in a recommendation issued in its first reporting on the nine hydrocarbon distribution companies concerned by the transactional fine, has urged them to follow the international price.

"The distribution companies have been urged to follow the international price. Thus, given the evolution of the markets, in theory, prices should not change. This price stability will last until the end of the year. It is also expected that crude oil prices will remain at the same level due to the futures contracts that must be respected. These analyzes are of course valid in the event that the market does not suffer any particular disruption," analyzes Mostafa Labrak, CEO of Energysium consulting and energy expert.

At the international level, weak demand caused by the non-recovery of the Chinese economy, which remains the main consumer market, is the source of this calm. Currently, geopolitical tensions, particularly the conflict in the Middle East, are not having any impact on the price of a barrel. According to experts, the trend can shift as early as January 2025, with the arrival of Donald Trump recently elected President of the United States. The restrictions that Biden’s predecessor and successor "wants to impose by increasing tariffs for several countries could lead to a decline in demand, which could cause the price of oil to collapse," the experts analyze.