Gasoline expected to fall 4.30 lira per litre, bringing Istanbul pump price to 79.60 TL
Falling Brent crude prices have led to expectations of a 4.30 lira cut in gasoline prices in Turkey, with the reduction expected at the pump from Tuesday, October 20.
Falling Brent crude prices are set to feed through to gasoline prices in Turkey. Brent has dropped to $104 a barrel, and industry sources say gasoline will be cut by 4.30 lira per litre.
The reduction is expected to reach pumps from Tuesday, October 20, that is, after midnight tonight. The news source cites the decline in Brent as the basis for the cut and does not refer to any official announcement.
Expected litre prices after the cut
If the cut goes ahead, gasoline prices per litre are expected to fall to the following levels:
- Istanbul: 79.60 TL
- Ankara: 80.60 TL
- Izmir: 80.80 TL
- Eastern provinces: 82.20 TL
The source does not give pre-cut prices. Because the figures are projections, final pump prices may vary by city and distributor.
If oil prices continue to fall, further fuel price changes could follow in the coming days. The source contains no information on a cut to diesel or LPG prices.
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This article was compiled with the help of AI from information published by Haberler.com Ekonomi.
