Keywords: Energy prices


IMF warns prolonged pressure on household purchasing power as basic costs remain elevated

The International Monetary Fund has warned that households around the world could face prolonged pressure on their purchasing power as the prices of essential goods remain elevated compared with other products. In a recent publication accompanying a new report, the IMF said a series of global shocks,......

World Bank keeps Russia growth forecast at 0.8% as Middle East faces contraction

The World Bank has maintained its forecast for Russia’s economic growth at 0.8% in 2026, while projecting a sharp contraction across the Middle East and North Africa as prolonged regional conflict continues to weigh on economic activity. According to the World Bank’s latest economic outlook......

Trump blames Ukrainian strikes on Russian refineries for rising US gasoline prices

US President Donald Trump has attributed the recent rise in American gasoline prices to disruptions affecting oil refining capacity, particularly Ukrainian attacks on Russian energy facilities and refinery closures in Democratic-led US states. His comments come as fuel costs become an increasingly sensitive......

Morocco’s import and export unit values surge in the second quarter of 2026

Morocco’s external trade recorded a marked increase in unit values during the second quarter of 2026, with both imports and exports registering double-digit growth, according to data released by the High Commission for Planning (HCP). The unit value index for imports rose by 10% year on year during......

Euro zone inflation climbs to three-year high, putting pressure on ECB

Inflation in the euro zone accelerated sharply in September, reaching its highest level in three years as rising energy costs added to pressure on consumer prices and complicated the European Central Bank’s monetary policy outlook. Eurostat’s flash estimate showed annual inflation rising......

Morocco fuel prices rise as diesel crosses 16 dirhams per litre

Motorists across Morocco are facing another increase in fuel costs as a new price adjustment takes effect from the early hours of Thursday, October 1. Diesel is expected to rise by around 0.80 dirham per litre, pushing its price beyond the symbolic 16-dirham threshold. Gasoline is also set to become......

OPEC+ expected to keep November oil output targets unchanged

Oil-producing countries in the OPEC+ alliance are expected to leave their production targets unchanged for November when seven key members meet virtually on Sunday, according to sources familiar with the discussions. The meeting comes as the group continues to assess disrupted global energy flows and......

World Bank raises Morocco growth outlook as markets face renewed volatility

The outlook for Morocco’s economy remains relatively resilient despite growing volatility in global markets and heightened geopolitical uncertainty. Recent forecasts have pointed to continued expansion, supported by public investment, domestic demand and the gradual strengthening of non-agricultural......

Lagarde urges measured approach as euro zone inflation fuels rate hike bets

European Central Bank President Christine Lagarde has sought to temper expectations of an aggressive monetary tightening cycle, arguing that the recent rise in euro zone inflation has so far not produced the kind of persistent second-round effects that would warrant an automatic series of interest rate......