A decline in global oil prices is expected to be reflected in fuel prices in Türkiye, with sector sources forecasting reductions of around 3 Turkish lira per litre for gasoline and 4 Turkish lira per litre for diesel in the coming days.

Following the recent drop in international oil prices, fuel prices in Türkiye are expected to decrease. According to sector sources, gasoline prices are expected to fall by approximately 3 lira per litre starting Thursday, November 12, while diesel prices are expected to decrease by around 4 lira per litre from Saturday, November 14.

If the expected reductions are reflected at the same rate at fuel stations, gasoline prices in Istanbul are expected to decline to around 71.60 lira per litre, while diesel prices are projected to fall to approximately 91.20 lira per litre.

Expected reductions to affect major cities

In Istanbul's European side, gasoline prices are expected to decrease from 74.60 lira to 71.60 lira per litre, while diesel prices are expected to fall from 95.20 lira to 91.20 lira per litre.

In the capital Ankara, gasoline prices are expected to decline to around 72.60 lira per litre, while diesel prices are projected to decrease to approximately 92.30 lira per litre.

In Izmir, gasoline prices are expected to fall to around 72.80 lira per litre, while diesel prices are expected to decline to approximately 92.60 lira per litre.

The expected reductions are linked to developments in global oil markets and changes in international energy prices.(ILKHA)