Gap between gasoline and diesel prices in Istanbul tops 20.50 lira per litre
Gasoline fell to 76.30 lira per litre after two cuts, while diesel held at 96.80 lira, widening the gap in Istanbul to 20.50 lira. The figures are for Turkey's largest city and vary by station and distributor.
The price gap between gasoline and diesel in Istanbul rose to 20.50 lira per litre as of October 23. Two cuts to gasoline on October 20 and October 22 pushed the price on Istanbul's European side down to 76.30 lira per litre. Diesel did not change over the same period and stayed at 96.80 lira.
Gasoline gets two cuts, diesel unchanged
Gasoline was cut by about 4.30 lira on October 20 and by 3.30 lira on October 22, a total reduction of 7.60 lira per litre. On Istanbul's European side, gasoline fell from about 83.90 lira to 76.30 lira. On the Anatolian side, the gap between the two fuels was also about 20.50 lira.
In Ankara, gasoline sells for about 77.24 lira and diesel for 97.77 lira. In Izmir, gasoline costs 77.47 lira per litre and diesel 98.02 lira. That puts the gap at 20.53 lira in Ankara and 20.55 lira in Izmir. Pump prices can differ slightly depending on the distributor and the station.
A 1,025 lira difference on a 50-litre tank
At Istanbul's European side prices, filling 50 litres of gasoline costs about 3,815 lira, while the same amount of diesel costs 4,840 lira. The difference is 1,025 lira. The 7.60 lira cut in gasoline saves 380 lira on a 50-litre fill compared with earlier prices. At 60 litres, gasoline comes to 4,578 lira and diesel to 5,808 lira, and the gap grows to 1,230 lira.
The cost of a full tank is not the same as the cost per kilometre. Diesel engines can consume less fuel than petrol engines, depending on the vehicle model, operating conditions and driving style. As a result, a higher price per litre of diesel does not mean a diesel car will always cost more to drive the same distance.
Effect on transport costs
High diesel prices keep fuel costs up for trucks, buses, shuttle services and some light commercial vehicles. How far that cost passes on to consumer prices depends on competition in each sector and on the cost structure of individual businesses.
Pump prices are affected by the same crude oil market, but gasoline and diesel do not have to move in the same direction. Product prices in the Mediterranean market, the exchange rate, refinery output costs, taxes and distribution costs can affect the final price of the two fuels differently. No new adjustment affecting gasoline or diesel appeared in the prices compiled for October 23.
This article was compiled with the help of AI from information published by Dünya.
