Fuel Oil Price in Turkey
The chart above illustrates Fuel Oil prices in Turkey, in TRY/mt, from March 2024 to March 2025, as follows:
- Fuel Oil (HFO), imp, TR: Fuel Oil (heavy), import spot, cif, Turkey
- Fuel Oil (LFO), whl, TR: Fuel Oil (light), wholesale spot, ddp, Turkey
- Fuel Oil (LSFO), whl, TR: Fuel Oil (LSFO), wholesale spot, ddp, Turkey
- Fuel Oil (HSFO), whl, TR: Fuel Oil (HSFO), wholesale spot, ddp, Turkey
Further information about price assessments covered can be found in the assessments guide.
In March 2025, Fuel Oil (HFO), imp, TR was around 17,900 TRY per mt, representing a 9.8% decline compared with the previous month; on a year-over-year basis it rose by 1.4%.
In March 2025, Fuel Oil (LFO), whl, TR was around 32,000 TRY per mt, representing a 3.7% decline compared with the previous month; on a year-over-year basis it decreased by 17.5%.
In March 2025, Fuel Oil (LSFO), whl, TR was around 28,400 TRY per mt, representing a 5.3% decline compared with the previous month; on a year-over-year basis it decreased by 1.6%.
In March 2025, Fuel Oil (HSFO), whl, TR was around 25,700 TRY per mt, representing a 1.1% increase compared with the previous month; on a year-over-year basis it increased by 10.1%.
Recent data, updated on October 3rd, 2025, can be found in the Turkey Energy Prices & Markets Report. Updated monthly, the report provides price assessments and market analyses for fuel oil and other oil products, encompassing domestic supply and trade dynamics. It also covers other energy commodities in Turkey, presenting price assessments and market analyses of production, demand, trade, and Turkey's energy self-sufficiency.
Price Assessments Covered in the Report
Access timely and reliable Fuel Oil price assessments — updated every month and backed by consistent methodologies.
Current Prices
Access up-to-date Fuel Oil price assessments released at the beginning of each month, providing consolidated and relevant market data.
Price Forecasts
View short-term Fuel Oil price projections that help you anticipate market direction and make informed decisions.
Historical Prices
Explore historical Fuel Oil price series over multiple timeframes to identify short-, medium-, and long-term trends.
Beyond Prices: Market Analyses Covered
Understand the broader energy dynamics shaping Turkey's markets.
Production & Demand
Track energy production and consumption patterns to understand supply-demand dynamics across sectors.
Imports & Exports
Analyze energy trade flows and key trading partners to evaluate cross-border dependencies.
Energy Balance & Self-Sufficiency
Assess Turkey's energy balance and self-reliance, identifying exposure to external supply sources.
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