Major increase in the fuel market: Diesel price hike on the way
A major increase in diesel prices is expected due to supply concerns in global markets.
Developments in global oil markets directly affect fuel prices. According to information provided by industry sources, a high-rate price increase is projected in the diesel group.
Global Developments and Supply Concerns
The resurgence of tension between the US and Iran, along with Ukraine's attacks on oil refineries in Russia, has brought serious supply concerns to global oil markets.
Expected Hike Amount and Date
According to the latest information obtained from industry sources, a price hike of 8.24 TL per liter of diesel is projected. This price increase is estimated to be reflected at the pump as of midnight.
Ten Percent Price Increase
This expected major hike of 8.24 TL means an increase of approximately 10 percent in the liter price of diesel in a single night.
New Price Levels in Major Cities
If the hike takes place, the liter price of diesel is expected to rise to 89.38 TL on the European side of Istanbul, 89.28 TL on the Anatolian side of Istanbul, 90.73 TL in Ankara, and 90.71 TL in Izmir.
Crossing the 90 TL Threshold
With this expected wave of price hikes coming into effect, the liter price of diesel will officially cross the 90 TL threshold in the cities of Ankara and Izmir.