Gasoline price hikes in November

Today, the websites of fuel distribution companies revealed that the prices of gasoline and its derivatives “Super 98”, “Special 95”, and “I Plus 91” recorded new increases in their indicators, starting from the first of next November, with a value of 20 fils per liter. Meanwhile, the price of a liter of diesel recorded an increase of 30 fils compared to the prices of the current month of October, according to the prices approved by the Follow-up Committee on fuel prices of all kinds, including value-added tax at 5%.

The price of a liter of “Super 98” gasoline, as of the beginning of November, increased from 2.60 dirhams previously, to 2.80 dirhams, an increase of 20 fils, while the price of a liter of “Special 95” gasoline increased from 2.49 dirhams, to 2.69 dirhams, an increase of 20 fils, while the price of a liter of gasoline "iPlus 91" increased from 2.42 dirhams to 2.61 dirhams, an increase of 19 fils.

The price of a liter of diesel increases from 2.51 dirhams per liter previously, to 2.81 dirhams, an increase of 30 fils.

It is noteworthy that the fuel price standards adopted by the Ministry of Energy and Industry are determined on a monthly basis, according to the average world oil prices, up or down, after adding the operating costs of the distribution companies.

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