Coming Fuel Price Reduction (Current Petrol Prices as of March 7, 2025)

Fluctuations in Brent crude oil prices have led to changes in petrol and diesel prices with news of reductions and increases. Are there any changes in fuel prices per liter today? How much are the petrol and diesel (motorin) prices on March 7, 2025, and what are the current fuel prices in Turkish Lira? How much is the price per liter of petrol and diesel, and what is the price of diesel fuel? Citizens are still keeping an eye on petrol and diesel prices with the changes in Brent crude oil prices and fluctuations in the currency exchange rate.
IS THERE A REDUCTION IN PETROL AND DIESEL PRICES? Following the 2 lira 6 kuruş reduction in petrol prices last night, a change is expected in diesel prices as well. Accordingly, as of March 8, 2025 (midnight), there will be a reduction of 1 lira 35 kuruş in diesel prices.
According to the current fuel pump prices;
Diesel is being sold at 46.65 lira per liter in Istanbul. The price per liter of petrol is around 43.31.
HOW ARE FUEL PRICES CALCULATED? In Turkey, when calculating petrol and diesel prices; the Refinery selling price excluding VAT is determined by adding the Special Consumption Tax (ÖTV) and Energy Market Regulatory Authority (EPDK) shares to the Duty-Free Refinery Price. When calculating the Duty-Free Refinery Price, daily CIF Mediterranean product prices and the daily Dollar exchange rate are monitored in the Mediterranean-Italian market to obtain a duty-free refinery maximum selling price with a certain price differential.