Government Adjusts Fuel Prices Amid Global Oil Price Surge
From Saturday, August 15, 2026, drivers in Senegal will face higher fuel costs as the government announces an increase in super gasoline and diesel prices. The Ministry of Energy and Petroleum has cited rising global oil prices, driven by geopolitical tensions in the Middle East, as the primary reason for this adjustment.
International Market Pressures Drive Domestic Prices Up
Since July 13, diesel prices have surged by 26.6%, while super gasoline has climbed 12% on the international market. These cumulative increases have been even more pronounced since the start of the conflict, with diesel up 69% and super gasoline up 61%. The Senegalese government had previously implemented price cuts on December 6, 2025, but the current market conditions have made it unsustainable to maintain those lower rates.
New Fuel Tariffs Take Effect
To offset the strain on public finances, authorities have decided to revert to pre-December 2025 pricing levels. Super gasoline will now be sold at 990 F CFA per liter, while diesel will be priced at 755 F CFA per liter. All other petroleum products will remain unchanged to minimize further economic disruptions.
Without this adjustment, subsidies for the period between August 15 and September 12, 2026, would have ballooned to nearly 47.27 billion F CFA, placing an unsustainable burden on state resources. The government has emphasized the necessity of this measure to balance economic stability with the realities of a volatile global energy market.