Fuel price cut on the way! A reduction of over 3 liras is expected
Oil prices have fallen below 63 dollars, reaching their lowest level in the last 4 years. The reduction to be applied to gasoline and diesel on Wednesday night will be recorded as the largest single-time price drop in fuel to date. A reduction of over 3 liras is expected for diesel, which is approaching 50 liras per liter. Here are the details...
12punto
Following the global tariffs announced by US President Donald Trump, sharp declines were seen in all world stock markets on April 7. While a major rebalancing was observed in commodities and cryptocurrencies as well as stocks, oil prices fell to 63 dollars, reaching their lowest level in 4 years.
DISCOUNT EXPECTED ON DIESEL
While the effects of the decline in oil prices on the fuel sector are being closely watched, industry representatives stated that a reduction of over 3 liras is expected for diesel based on current tariffs. The expected discount for gasoline is at the 2.5 lira level.
EXPECTED TO BE EFFECTIVE WEDNESDAY NIGHT
The discount, which is expected to take effect on Wednesday night, will also go down in history as the largest single-time reduction in fuel prices in the history of the Republic.