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Petrol prices up in Morocco
Morocco, Economics, 9/1/1999
The petrol prices in Morocco went up this September 1 by 4.2% while that of diesel soared by 10.4%.
The Moroccan energy department said the increase is due to upward trend of oil prices in the world market after oil-producing countries decided to reduce the quotas.
The price of oil per barrel has exceeded last month $ 20, a level not reached for two years.
A liter of three-star petrol is hence sold for 7,45 Dh (4.2 %) while the price of premium progressed by 4.5% to 7.75 Dh. The diesel price stands at 4.75 dh moving up by 5.3%.
Previous Stories:
Morocco cuts special phone services tariffs
(8/4/1999)
Morocco and South Africa to step up energy cooperation
(7/15/1999)
Morocco does not import animal fat-flour feed in view of high prices
(6/10/1999)
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