Another hike in diesel and LPG prices expected with gasoline over TL 18

Economist Oguz Demir has predicted a hike of 88 kurus in gasoline and 1.50 TL in diesel prices. Iris Cibre, another economist has announced a hike of 1.60 TL in gasoline price. Thus, gasoline will exceed 18 TL.

There is an unwillingness to buy Russian oil on global markets after Russia’s entry into Ukraine. This reluctance is causing oil prices to rise. In global markets, oil prices rose above $ 110 for the first time since 2014. This situation also brings with it new hikes in diesel, gasoline and LPG products. Economists are forecasting the new increase rate to be between 88 kurus and 1.60 TL.