The Competition Council reported that in the first quarter of 2024, the profit margins for Morocco's nine fuel distribution companies averaged 1.46 dirhams per liter for gasoline and 2.07 dirhams per liter for diesel, with gross margins showing a downward trend.
Morocco has been able to establish a very ambitious climate agenda in the last couple of years. However, the country’s plans are faced with a series of challenges that could be avoided, according to a Wuppertal Institute for Climate, Environment and Energy’s study.
While the Competition Council intends to meet the distributors of fuels, a study published earlier this week ranks Morocco as one of the countries where gasoline remains the most expensive in the region.
Two different reports on fuel prices have been leaked to media a few days before the Finance and Economic development Committee meets at the House of Representatives. While an anynomous source confirmed to Yabiladi that the two documents were made public by a member of the committee in charge of providing information on fuel prices, other sources have claimed the opposite.