
Key Points
- Expected fuel price increase of 3.71 lira tonight
- Brent oil prices have risen
- Fuel price per metric ton has reached $1,320
By the Numbers
The tension between the US and Iran has led to an increase in Brent oil prices. The metric ton price of fuel has also risen rapidly, reaching $1,320 per ton. Industry sources expect a fuel price increase of 3.71 lira tonight.
The price of fuel per ton was around $1,210 a few days ago. The expected price increase is due to the calculated tax amount exceeding 5 TL, which will not be covered by the Special Consumption Tax (ÖTV) and will be reflected in the pump price. It is noted that the remaining ÖTV amount per liter of fuel is 1.35 lira within the scope of the Eşel mobile application, and if this amount is reduced to 1.35 lira tonight, the ÖTV will be zeroed out, and future price increases will be directly reflected in the pump price.
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Frequently Asked Questions
- Why is the fuel price increasing?
- Due to the increase in Brent oil prices caused by the tension between the US and Iran
- What is the new fuel price?
- The price per ton is $1,320
- How much of the tax amount will not be covered by ÖTV?
- It can exceed 5 TL
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- Kazinform·