Expected Gasoline Price Hike: Approaching 70 Lira Threshold

The rise in global oil prices is affecting fuel costs. A 1.23 TL increase in the liter price of gasoline is expected. This situation may cause the liter price of gasoline to approach 70 TL in some provinces. Market observers note that the increase in global oil prices above $90 has created a new expectation of a rise in fuel prices. The effective date of the new prices is approaching.