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New price hike on the way for gasoline

Fluctuations in exchange rates and oil prices continue to affect fuel prices. A price increase of 1.40 TL for gasoline is expected starting Tuesday.

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New price hike on the way for gasoline

Fluctuations in exchange rates and oil prices continue to be reflected in fuel prices. 

According to a report by NTV, a price increase of 1.40 TL per liter of gasoline is expected starting Tuesday, September 19.

Current fuel prices are as follows:

In Istanbul, the price of diesel is 41.74 TL per liter,

And the price of gasoline is 41.55 TL per liter.

HOW ARE FUEL PRICES CALCULATED?

In Turkey, gasoline and diesel prices are calculated by adding the Special Consumption Tax (ÖTV) and the Energy Market Regulatory Authority (EPDK) share to the duty-free refinery price. The duty-free refinery price is determined by taking into account the daily CIF Mediterranean product prices published in the Mediterranean-Italian market and the daily dollar exchange rate.


News Source: 12punto

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