MIDOR company has issued a tender to sell a cargo of gasoil containing 0.1% Sulphur in May.

Morocco oil refiner Samir informed it was planning a capital increase of $1.04b in an effort to end the company's financial difficulties. As Morocco's only refinery, its closure would make the country entirely reliant on imports and could also impact Moroccan banks exposed to Samir's debt.

Morocco's sole oil refiner Samir said on Monday it had obtained 3.1 billion dirham ($319 million) of loans via an agreement with Banque Centrale Populaire (BCP), one of the country's three biggest lenders.