Join on WhatsApp
Join on Telegram
Agadir – Fuel prices in Morocco remained closely linked to international oil market fluctuations between March 1 and May 16, with national pump prices broadly reflecting global trends, according to a detailed analysis by the Competition Council.
The report pointed to a strong correlation between movements in global oil products and their pass-through to Moroccan fuel pump prices, while also noting that the degree of transmission varies depending on the type of fuel and the period under review.
According to the findings, diesel prices in Morocco rose cumulatively by MAD 4.18 ($0.45) per liter at the pump over the period examined, closely tracking international market movements, which recorded an equivalent increase of MAD 4.24 ($0.46) per liter. The resulting gap was marginal, at approximately MAD -0.06 (0.01) per liter.
For gasoline, the study recorded a cumulative increase of MAD 2.43 ($0.26) per liter in national pump prices, compared with a higher rise of MAD 2.81 ($0.31) per liter in international markets, resulting in a slightly wider gap of MAD -0.38 ($0.04) per liter.
The Competition Council noted that its analysis covered multiple two-week intervals between March and May to assess how international price fluctuations were transmitted to retail fuel prices over time.
In its concluding remarks, the Competition Council stated that the relationship between international oil price movements and domestic pump prices in Morocco remained broadly consistent throughout the period from March 1 to May 16.
The council further noted that the analysis was conducted in a context of sustained geopolitical uncertainty affecting global energy markets, which continued to drive volatility and complicate short-term pricing dynamics.
