Diesel Price Exceeds 100 TL in Turkey Following Price Hike
A price hike of 4 liras and 80 kurus was implemented on diesel in line with international developments, exchange rates, and tax regulations.
Following volatility in Brent oil prices, fluctuations in exchange rates, and tax increases, a price hike of 4 liras and 80 kurus was applied to diesel, and the price per liter of diesel reached triple digits for the first time.
Factors Behind the Price Hike Decision
Changes in Brent oil prices, fluctuation processes in exchange rates, and tax increases continue to directly affect the fuel market.
Historical Threshold in Diesel Prices
With the 4 lira and 80 kurus price hike, the price per liter of diesel crossed the 100 TL threshold, reaching triple digits for the first time across Turkey.
Istanbul Fuel Market
While gasoline is sold at 80.40 TL, diesel at 100.40 TL, and LPG at 34.99 TL on the European side of Istanbul; gasoline was set at 80.20 TL, diesel at 100.20 TL, and LPG at 34.39 TL on the Anatolian side.
Ankara and Izmir Prices
In Ankara, the price per liter of gasoline was 81.30 TL, diesel was 101.50 TL, and LPG was 35.09 TL, while in Izmir, gasoline is traded at 81.60 TL, diesel at 101.80 TL, and LPG at 34.99 TL.