Starting this Saturday, August 15, 2026, fuel prices in Senegal are set to climb sharply. The supercarburant will rise to 990 F CFA per litre, while diesel will jump to 755 F CFA per litre. This adjustment follows a recent surge in global oil prices, largely driven by ongoing tensions in the Middle East.

Global oil market turmoil drives local fuel costs up

Since mid-July, diesel prices have skyrocketed by 26.6%, and supercarburant by 12% on international markets. Since the conflict intensified, these increases have ballooned to 69% for diesel and 61% for supercarburant, placing unprecedented strain on Senegal’s energy sector.

Government reverses subsidies to curb financial strain

To manage the financial burden, the Senegalese government has opted to phase out subsidies introduced on December 6, 2025. Without this intervention, state support for fuel could have soared to nearly 47.27 billion F CFA between August 15 and September 12, 2026 alone. The move aims to realign domestic prices with pre-subsidy levels while preventing an unsustainable drain on public funds.

Impact on consumers and businesses

The price hike affects both private motorists and commercial transport operators. While the new rates apply uniformly across Senegal, the government has ensured that other petroleum products remain unaffected. This targeted adjustment seeks to balance economic realities with public affordability concerns.