Increase of 2 dirhams: Oil companies accused of inflating their profits

In a firmly worded press release published by the National Instance of Consumer Protection Associations, the organization points to serious legal deviations. It denounces a blatant violation of the 1971 law requiring distributors to maintain a strategic stock of sixty days, and condemns the laxity in the face of the sanctions provided for by the 1973 legislation.

On Bladi.net: Black Monday at the pump: Diesel jumps by 2 DH, gasoline approaches 15 DH

This price surge would also violate the law on freedom of prices and competition, which prohibits any tacit agreement. The Instance is outraged by the operators who deliberately suspend distribution a few hours before the application of the new rates in order to make illicit profits, denouncing a climate of "chaos and unilateral decision-making" that escapes all control.

On Bladi.net: Moroccan markets under pressure due to rising prices

Fearing a domino effect on the costs of public transport and basic commodities, the collective warns of the collapse of purchasing power on the eve of a period of high social mobility. It urges the supervisory ministries and the Competition Council to intervene urgently to recalibrate the market and curb the hegemony of oil companies.