Government adjusts fuel prices amid global oil surge
Starting Saturday, August 15, 2026, Senegal will see a sharp increase in fuel prices. The cost of supercarburant will rise to 990 F CFA per litre, while diesel will climb to 755 F CFA per litre—a jump of 70 and 75 F CFA respectively.
The Ministry of Energy and Petroleum attributed the decision to soaring global oil prices, driven by escalating tensions in the Middle East. Since July 13, diesel prices have surged by 26.6%, and supercarburant by 12% on international markets. Since the conflict began, these increases have reached 69% for diesel and 61% for supercarburant.
State steps back from subsidies to curb rising costs
Facing mounting pressure, the Senegalese government has decided to phase out temporary subsidies introduced on December 6, 2025. Previously, the state had already allocated over 245 billion F CFA in subsidies since January to stabilize prices. Without this adjustment, subsidies would have ballooned to nearly 47.27 billion F CFA between mid-August and early September 2026.
Under the revised pricing structure, only supercarburant and diesel will see an increase. Other petroleum products will remain unchanged, ensuring minimal disruption to essential services.
