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Morocco Sees Gasoline Price Hike, Diesel Remains Steady at Pumps

Saturday 1 May 2021, by Jonas

Fuel prices at the pump experienced a slight increase this Saturday, unlike diesel, whose price remains unchanged, announce professionals in the sector.

"Diesel pump prices will remain stagnant, while the price of gasoline will increase by 8 cents per liter," said Jamal Zrikem, president of the National Federation of Managers and Owners of Service Stations (FGNPS), to 2M, specifying that the prices will vary from one station to another and from one city to another.

Fuel prices at the pump vary depending on crude oil prices, the euro-dollar exchange rate, the level of petroleum product stocks and demand, as well as taxes.