New hikes in gasoline prices in March

Today, the websites of fuel distribution companies reported 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 March, with a value ranging between 29 and 30 fils. per liter, while the price of a liter of diesel recorded an increase of 31 fils compared to the prices of the current month of January, according to the prices approved by the Monitoring Committee on Fuel Prices of all kinds, including value-added tax at 5%.

The increases in fuel prices come for the second month in a row. Gasoline prices rose in February by a value of 29 fils per liter, and an increase of 32 fils per liter of diesel.

The price of a liter of “Super 98” gasoline, as of the beginning of March, increased from 2.94 dirhams previously, to 3.23 dirhams, an increase of 29 fils, while the price of a liter of “Special 95” gasoline increased from 2.82 dirhams, to 3.12. dirhams, an increase of 30 fils, while the price of a liter of gasoline "iPlus 91" increased from 2.75 dirhams to 3.05 dirhams, an increase of 30 fils.

The price of a liter of diesel increases from 2.88 dirhams per liter previously, to 3.19 dirhams, an increase of 31 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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