VOL. XXXIV

NO. 6

12-NOVEMBER-1990

Morocco

Morocco Increases Retail Prices of Oil Products

The Moroccan Ministry of Energy and Mines decided to increase local retailprices of oil products by between 8% and 13% with effect from 29 October so asto partially offset the increase in cost of crude oil imports as a result of theGulf crisis. The government subsidized retail price of premium grade gasolinewas increased by 13% to Moroccan Dirhams 6.97 ($0.86)/liter, and regulargasoline by 10.7% to MD6.70...