Sat. Jul 20th, 2024

Morocco is ranked fourth among the African countries with the highest fuel prices, despite the noticeable decline in global prices during the recent period.

According to the latest reports of the “Global Petroleum Prices” website, which specializes in tracking fuel prices around the world, the price of a liter of fuel in Morocco is $1.54, which makes it ranked fourth on the African continent, after Central Africa, Senegal, Seychelles, and Zimbabwe.

Despite the recent reductions in fuel prices in Morocco, this does not change the fact that the country still records relatively high prices in this sector.

It is noteworthy that in mid-December 2023, a reduction in fuel prices was applied, so the price of a liter of gasoline fell to $1.34 after it was about $1.39, and the price of gasoline on May 20 of this year recorded $1.47, at a time when the global average price of gasoline during this period was About $1.34.

 

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