The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will fall by NIS 0.04 to NIS 5.46 per liter on Wednesday night, October 1.
The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will fall on Wednesday night at midnight October 1, 2020 by NIS 0.04 to NIS 5.46, the Ministry of National Infrastructures, Energy and Water Resources reports. The charge for receiving full-service at pumps from gas station attendants will remain NIS 0.21.
This latest fall ends four months in which government price controlled 95 octane gasoline has risen sharply by NIS 0.69 (although only slightly by NIS 0.01 at the start of August) after five consecutive months of price falls before that due to slump in demand because of the Covid-19 crisis. Oil prices on world markets have fallen over the past month as many countries have been hit by a second wave of the Covid-19 virus.
May was the low point for gasoline prices in Israel with a liter of 95 octane fuel costing NIS 4.79.
The maximum price of government price controlled 95 octane gasoline at self-service pumps in Eilat where there is no VAT will also fall by NIS 0.03 to NIS 4.67 on Monday night. The charge for receiving full-service at pumps from gas station attendants in Eilat will remain NIS 0.18.
Published by Globes, Israel business news - en.globes.co.il - on September 29, 2020
© Copyright of Globes Publisher Itonut (1983) Ltd. 2020
gasoline pumps