10.06.2025 17:24
Following the fluctuations in Brent crude oil and exchange rates, a price increase of around 1 TL for gasoline is expected starting from Friday, June 14. After the recent discounts in previous months, this increase has once again drawn citizens' attention to fuel prices. Currently, the price per liter in Istanbul is at 46.90 TL.
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The fluctuations in Brent oil prices and exchange rates continue to reflect on fuel prices. After the discounts made in recent months, a price increase is expected for the gasoline group this time.
According to information obtained from industry sources, a price increase of around 1 TL for gasoline is anticipated, effective from Friday, June 14. Unless there is a sudden drop, the price increase will be reflected at the pump.
HOW HAVE GASOLINE PRICES CHANGED RECENTLY?
On May 14, a price increase of 1 lira and 47 kuruş was implemented, raising the price to 46.78 TL. The last reduction of 2 lira and 6 kuruş on March 7 had provided some relief to citizens.
CURRENT GASOLINE PRICES
- İstanbul (European Side): 46.90 TL
- İstanbul (Anatolian Side): 46.75 TL
- Ankara: 47.58 TL
- İzmir: 47.91 TL
HOW ARE PRICES DETERMINED?
In Turkey, fuel prices are calculated based on the duty-free refinery price. The refinery sales price excluding VAT is determined by adding the Special Consumption Tax (ÖTV) and the EPDK share to this price. The duty-free refinery price is created based on the daily CIF Mediterranean product prices announced in the Mediterranean-Italian market and the exchange rate.
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