Fuel prices rise in Senegal as global oil costs surge

From Saturday, August 15, 2026, drivers in Senegal will face higher fuel costs, with supercarburant rising to 990 F CFA per litre and gasoil to 755 F CFA per litre. This adjustment marks the first increase since December 6, 2025, following a prolonged period of government subsidies that had kept prices artificially low.

Why the price hike?

The Ministry of Energy and Petroleum attributes this change to the relentless surge in global oil prices, driven largely by the ongoing conflict in the Middle East. International markets have seen gasoil climb by 26.6% since July 13, while supercarburant has surged by 12%. Since the conflict began, these increases have reached 69% for gasoil and 61% for supercarburant.

Government response and financial impact

To cushion the blow, the Senegalese government had been subsidizing fuel since January, covering over 245 billion F CFA in costs. However, with the latest price adjustments, these subsidies will be rolled back to pre-December levels. Without this intervention, the state would have had to allocate an additional 47.27 billion F CFA between mid-August and mid-September to maintain the lower prices.

What stays the same?

Not all fuel products are affected by this adjustment. Other petroleum derivatives remain at their current rates, sparing consumers from further increases in those categories.