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Keywords: Fuel Prices


Gasoil imports rise as revenues and tax receipts decline in Morocco

Morocco's Competition Council has unveiled its seventh quarterly report on the wholesale fuel market, analyzing the performance of nine major distributors during the second quarter of 2025. The report highlights key trends in import volumes, pricing, storage capacities, and gross margins across gasoil......

Lebanese fuel market shows contrasting trends

Fuel prices in Lebanon showed mixed trends on Tuesday, with a slight increase in gasoline prices but significant decreases in diesel and domestic gas, according to the latest update from the Ministry of Energy and Water. The new rates are as follows: 20 liters of 95-octane gasoline: 1,444,000 Lebanese......

Sharp drop in fuel prices following State council’s suspension of fuel tax

Fuel prices in Lebanon saw a significant decline on Friday, July 18, 2025, after the Lebanese State Council suspended a controversial fuel tax increase approved earlier this year by the government of Prime Minister Nawaf Salam. The decision led to a decrease of approximately 100,000 Lebanese pounds......

Moroccans question rising fuel prices despite global oil drop

Global oil prices have seen a significant decline since April, yet Moroccans are feeling little relief at the pump. Amid growing frustration, many blame the government, particularly Prime Minister Aziz Akhannouch, who is also the founder of Afriquia, one of Morocco’s largest fuel distributors. Global......

Moroccan motorists grapple with fuel price surge

Morocco’s fuel imports have surged to 1.7 million tons, valued at $1.26 billion, marking a 10.8% increase in volume. This rise has led to a noticeable hike in fuel prices across the country, with diesel increasing by 20 cents per liter and gasoline by 16 cents per liter. In Casablanca, the average......

Nigeria Faces Nationwide Protests Over Economic Hardship and Rising Costs

Across Nigeria, hundreds have taken to the streets to protest against the soaring cost of living and escalating fuel prices. The demonstrations, which began recently, are expected to continue for 10 days, prompting heightened security measures in Lagos and the capital, Abuja. Africa's most populous......

Morocco's Economic Landscape Shifts as Inflation Halves in Q2 2024

In a significant economic development, Morocco witnessed a dramatic reduction in inflation during the second quarter of 2024, with rates plummeting to 0.7% from 1.2% in the preceding quarter. This remarkable shift, as reported by the High Planning Commission (HCP), paints a nuanced picture of the North......

Morocco Secures Top Spot Among African Nations with Soaring Gasoline Prices

In a recent report by Global Petrol Prices, a platform tracking fuel costs across the globe, Morocco has emerged as one of the African countries grappling with the highest gasoline prices. Despite a marginal dip last week, fuel prices in the North African nation continue to soar, surpassing last year's......

Morocco Unveils Relief Measures for Transport Sector Amid Rising Fuel Costs

Morocco is intensifying its support for the struggling transportation sector by initiating direct financial aid registration starting March 8. The Ministry of Transport and Logistics announced the commencement of the registration process through its online platform at mouakaba.transport.gov.ma. The......

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