It has been reported that there will be another price increase for gasoline at midnight. Following a 64 kuruş increase during the daytime hours, a further increase of 95 kuruş is expected for gasoline starting from midnight. No changes are expected in diesel prices. A 77 kuruş increase was made to diesel yesterday. Current Fuel Prices: İstanbulGasoline: 43.57 - 43.69 TL Diesel: 43.45 - 43.52 TL AnkaraGasoline: 44.09 TL Diesel: 44.01 TL İzmirGasoline: 44.54 TL Diesel: 44.53 TL HOW ARE FUEL PRICES DETERMINED?According to the Petroleum Market Law, a Free Pricing System has been in effect since January 1, 2005. Fuel distribution companies can freely determine their depot sales prices and offer recommended maximum pump sale prices to dealers. Dealers can set their prices according to regional competition conditions. In Turkey, retail fuel prices are shaped according to competitive conditions.
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