As Turkish lira plummets | “Watad” company raises prices of fuel again

SOHR activists have reported that the HTS-backed “Watad Petroleum Company” in Idlib has raised the prices of fuel following the Turkish currency plunge against the US dollar, as the Salvation Government has adopted the Turkish lira as the official currency in areas under its control. The new prices have been set as follows:

 

• Imported oil: 6.11 TL per litre.

 

• Petrol: from 6.35 TL per litre.

 

• Gas cylinder: 89 TL.

 

It is worth noting that this increase in fuel prices by Watad company is the first in Ramadan.

 

On March 31, SOHR activists documented an increase in fuel prices, as the HTS-backed “Watad Petroleum Company”, which dominated fuel market in Idlib, raised the prices of fuel as follows:

 

• Imported oil: from 5.00 TL to 6.90 TL per litre.

 

• Petrol: from 5.50 TL to 6.30 TL per litre.

 

• Gas cylinder: from 78 TL to 88 TL.

 

It is worth noting that the new prices came two days after the company had reduced fuel prices following the improvement of the Turkish lira against foreign currency.