Fuel prices have been reduced effective today.

Fuel prices have been reduced effective today.

04.12.2024 09:30

Fluctuations in oil prices, changes in exchange rates, and consecutive increases in special consumption tax (ÖTV) continue to affect fuel prices. Starting from midnight, a discount of 97 kuruş has been applied to the price of a liter of gasoline.

The fluctuations in Brent crude oil continue to affect fuel prices. A development that will please drivers has occurred. As of December 4, a discount of 97 kuruş has been applied to the price of gasoline per liter. Most recently, a price increase of 74 kuruş was made to gasoline prices, effective from November 28.

Current fuel prices as of Wednesday, December 4, are as follows:

ISTANBUL EUROPEAN SIDE PRICES

Gasoline price: 42.1 TL

Diesel price per liter: 44.22 TL

LPG price per liter: 26.03 TL

ISTANBUL ASIAN SIDE FUEL PRICES

Gasoline price: 41.98 TL

Diesel price per liter: 44.16 TL

LPG price per liter: 25.49 TL

ANKARA FUEL PRICES

Gasoline price per liter: 42.53 TL

Diesel price per liter: 44.80 TL

LPG price per liter: 26.04 TL

IZMIR FUEL PRICES

Gasoline price per liter: 42.98 TL

Diesel price per liter: 45.29 TL

LPG price per liter: 25.94 TL

HOW ARE FUEL PRICES CALCULATED?

In Turkey, when calculating gasoline and diesel prices, the refinery sales price excluding VAT is found by adding the ÖTV and EPDK share to the duty-free refinery price.

When calculating the Duty-Free Refinery Price, the daily CIF Mediterranean product prices published in the Mediterranean-Italian market and the daily Dollar exchange rate are monitored, and a duty-free refinery ceiling sales price is obtained based on a certain price change difference.

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