The drop concerns the price of a liter of diesel, with a reduction of 20 cents, specified at Hespress a responsible professional source within the National Federation of Owners, Traders and Managers of Service Stations in Morocco. It indicates that “the application of this reduction by companies active in the sector varies depending on the stocks of each company and distributor. Some applied this new rate on Monday, while others waited until Tuesday morning to implement it.”
“The drop in the price of a liter of diesel concerns all regions and zones of the kingdom,” confirms another professional source, operating at a service station in Rabat. Gasoline prices remained “stable” after an increase of 10 cents at the beginning of December 2024. According to the explanations of this source, the differences that citizens could see in the final prices are due to variations in impact based on geographic distance, the commercial strategies of each fuel distribution company and the sector’s value chain players, as well as the commercial policy and inventory specific to each station.
Read: Fuels: what the month of December has in store for Moroccan motorists
According to a study carried out by the site on price developments since the summer of 2024, the prices of diesel and gasoline have experienced a series of five consecutive decreases, followed by a slight increase, before a new increase in at the beginning of December, estimated at 20 cents for diesel and 10 cents for gasoline. The alliance of oil producing countries published a press release on price developments. OPEC+ members, including Saudi Arabia and Russia, “will extend their additional voluntary adjustments of 2.2 million barrels per day until the end of March 2025,” she announced.
The organization “had already clarified on several occasions that the prices of premium diesel and gasoline are not determined by the will or desire of station owners, who have no role in the price-setting process, which is entirely controlled by the distributing companies,” commented Jamal Zrikem, president of the National Union of Fuel Owners, Managers and Traders in Morocco. And added: “Increases in fuel prices first and foremost affect the owner of the service station himself, who is forced to invest more to buy fuel, without his income being reduced. increase accordingly. On the contrary, they may decrease due to these increases, taxes and other factors.”
