International financial institutions, such as the World Bank, forecast a drop in oil prices and commodities in the coming months and years. This trend could have a positive impact on importing countries, including Morocco. But how will the Moroccan economy benefit from it concretely?
Good news for Moroccan motorists! Fuel prices will drop starting this Saturday, November 16. Let’s take a closer look.
The National Federation of Owners, Merchants and Managers of Service Stations in Morocco denounces the proliferation of illegal retail outlets for diesel and gasoline, stressing that this situation is affecting their turnover.
Good news for Moroccan motorists! The price of diesel is down 20 cents as of November 1, 2024.
El Houssine El Yamani, secretary general of the National Petroleum and Gas Union, a member of the Democratic Confederation of Labor, warns of the inflation threatening fuel consumers due to the rise in prices caused by Iran’s strikes on Israel.
While Moroccans are suffering from the high cost of living, fuel distributors are lining their pockets. Houssine Yamani, president of the National Front for the Safeguard of the Samir refinery, and also secretary general of the National Union of Oil and Gas, calls on the government to take its responsibilities.
The drops in crude oil prices are reflected at the service stations in Morocco. A new drop was recorded yesterday, Tuesday, October 1.
Good news for Moroccan motorists! Fuel prices will again see a significant drop in the coming days.
In Morocco, fuel prices are slightly impacted by the drop in prices this September.
Fuel distributors will make a new price reduction for diesel and gasoline starting September 16.
The continued rise in fuel prices in Morocco, despite the drop in the price of a barrel of oil, is worrying MP Fatima Tamni, of the Federation of the Democratic Left, who has questioned the government on this issue.
Oil prices are collapsing internationally, and this has been the case since March 2023. Will this downward trend have an impact on fuel prices in Morocco?