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Fluctuations in Fuel Prices: October 9, 2024 Update on Petroleum Prices

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Changes in Brent crude oil prices bring fluctuations in gasoline and diesel prices, with news of price increases and reductions. Is there any price adjustment for fuel per liter today? What are the prices of gasoline and diesel (motorin) on October 9, 2024, and what are the current fuel prices in Turkish Lira? How much is the price per liter for gasoline and diesel, and what is the cost of diesel fuel?

Alongside fluctuations in Brent crude oil prices and currency exchange rates, citizens continue to monitor gasoline and diesel prices. IS THERE A PRICE HIKE FOR DIESEL? There has been an increase of 77 kuruş on diesel prices. The increased prices will be reflected at the pump starting from tomorrow. Today, there have been no price changes in the gasoline category. CURRENT FUEL PRICES According to the latest pump prices; In Istanbul, the price per liter of diesel is being sold at 42.74 Turkish Lira. On average, gasoline is being sold at 42.93 Turkish Lira per liter.

HOW ARE FUEL PRICES CALCULATED? When calculating gasoline and diesel prices in Turkey; the Refinery sale price without VAT is determined by adding the Special Consumption Tax (ÖTV) and EREE Consumption Monitoring Centre (EPDK) tax to the duty-free base refinery price. In the calculation of the duty-free Base Refinery Price, the daily CIF Mediterranean product prices and daily Dollar exchange rate in the Mediterranean-Italian markets are followed, resulting in a duty-free base refinery maximum sale price with a certain price change differential.

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