Period of fuel discounts with the decline of Brent crude
The weakening impact of the US-Iran war and Brent crude falling below 92 dollars reflected as a discount on fuel prices. While a 3.54 TL discount was applied to gasoline, a discount is also expected for diesel.
With the cooling of the US-Iran war and Brent crude dropping below 92 dollars, discounts on fuel prices were announced. While a 3.54 TL discount is applied to a liter of gasoline starting Thursday, November 12, a discount of over 4 TL is expected on diesel on November 14.
With the US-Iran war starting to cool down and oil flow in the Gulf approaching pre-war levels, oil prices dropped. Brent crude, used by Turkey, declined below 92 dollars. Following this decline, a 3.54 lira discount was applied to a liter of gasoline, effective as of Thursday, November 12. With the discount, gasoline dropped to 71 liras in Istanbul, 72.20 liras in Ankara, 72.40 liras in Izmir, and 73.30 liras in eastern provinces.
On the other hand, a discount of over 4 TL per liter is expected on diesel on November 14. The liter price of diesel is projected to fall to 91 liras in Istanbul, 92.30 liras in Ankara, 72.80 liras in Izmir, 7270 liras in Bursa, and 73.80 liras in Antalya. Fuel prices in Turkey are calculated by adding SCT and EMRA shares to the duty-free refinery price.
Sources
- ekonomi.haber7.com · Link