VOL. XLII

No. 36

6-September-1999

MOROCCO

Morocco Raises Petroleum Product Prices

The Moroccan Department of Energy announced on 1 Septemberan increase in the retail price of petroleum products to offset the increase incrude oil prices on the international market. According to the statement, theprice of regular gasoline (three-star grade) is increased by 4.2% toMD7.45/liter ($0.76/liter), premium gasoline by 4.5% to MD7.75/liter($0.786/liter), and diesel oil by 5.3% to MD4.75/liter ($0.48/liter)....