Starting from after midnight Monday-Tuesday, diesel prices, the most consumed fuel by Moroccans, are expected to see a slight decrease estimated at 10 centimes, while gasoline prices will remain unchanged, according to professional sources reported by Hespress electronic newspaper.

Prices had remained stable at various fuel stations since last July, as confirmed by professional sources from fuel stations on Saturday, August 16, which coincided with the semi-monthly update of fuel prices in Morocco.

A responsible source from the National Union of Owners, Traders, and Managers of Fuel Stations in Morocco confirmed to Hespress the decrease in the price of one liter of diesel after service station professionals received the price change and applied it, at least by actors from the largest fuel distribution companies in the kingdom, starting Tuesday, August 19.

These developments come after previous successive increases in recent months.

It is noteworthy that the semi-monthly update of fuel prices in Morocco in mid-July raised the price of diesel by twenty centimes per liter, while gasoline prices remained stable at that time.

In a related context, Reuters agency reported that oil prices stabilized with gains as investors focused on the Trump-Zelensky meeting.

The agency said oil prices rose about 1% at Monday’s close, supported by political and security developments related to the war in Ukraine and its impact on energy supplies.

This increase followed the meeting between US President Donald Trump and Ukrainian President Volodymyr Zelensky, with the participation of several European leaders, after the inconclusive US-Russia summit held in Alaska last Friday.

According to the same source, market concerns increased after the Druzhba pipeline was attacked by drones, disrupting Russian crude flows to Hungary and Slovakia.

At closing, Brent crude October contracts rose by 75 cents, or 1.14%, settling at $66.60 per barrel. US West Texas Intermediate crude also rose by 62 cents, or 0.99%, to $63.42 per barrel.

Prices had declined last week; Brent lost 1.1% while West Texas Intermediate fell by 1.7%.