August 19, 2026 Fuel Prices: Updated Gasoline, Diesel and LPG Rates in Istanbul, Ankara and Izmir

Turkey's fuel prices continue to be shaped by currency volatility and rising excise taxes; as of August 19 2026, the per‑liter rates for major cities have been finalized.

Gasoline and Diesel Prices in Istanbul

■Gasoline (European Side): 71.46 TL

■Diesel (European Side): 79.73 TL

■LPG (European Side): 33.79 TL

■Gasoline (Asian Side): 71.31 TL

■Diesel (Asian Side): 79.58 TL

■LPG (Asian Side): 33.19 TL

Regional Variations in Ankara and Izmir

■Ankara’s average gasoline price stands at 71.20 TL, diesel at 79.40 TL.

■Izmir records gasoline at 71.10 TL and diesel at 79.30 TL.

■LPG prices in both cities hover around 33.00 TL.

■The price gaps stem from local tax structures and distribution cost differentials.

Exchange Rate and Excise Tax Impact on Prices

■The dollar trades at 19.85 TL, the euro at 21.30 TL, directly feeding into fuel costs.

■A recent 18 % excise tax hike added roughly ≈4 TL to gasoline and ≈5 TL to diesel.

■LPG’s excise rate sits at 8 %, exerting a milder price influence.

Market Outlook and Short‑Term Trend

■Analysts anticipate that, should the currency stabilize and no further excise hikes occur, fuel prices could ease by 2‑3 % in the near term.

■Geopolitical tensions and global oil price swings, however, could trigger abrupt price spikes.

■Expanded electric‑vehicle (EV) incentives are expected to gradually curb fossil‑fuel demand, easing upward price pressure.

Ufuk Tepe, Chief Analyst – Automotive & Heavy Industry: "Currency movements and excise duties will remain the primary drivers of fuel pricing in the short run. In the medium term, Turkey’s push toward EV infrastructure will dampen gasoline and diesel demand, fostering price stability. Companies should hedge against fuel‑price volatility and accelerate diversification into alternative energy solutions."