Gasoline prices in Israel to rise Mon night

gasoline pumps

The maximum price of 95 octane gasoline at self-service pumps in Israel will rise NIS 0.11 to NIS 6.46 on May 1.

The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise by NIS 0.11 to NIS 6.46 (a rise of 1.73%) tonight at midnight, May 1, the Ministry of National Infrastructure, Energy and Water Resources reports. The charge for receiving full-service at pumps from gas station attendants will remain NIS 0.20.

At the beginning of April gasoline prices rose NIS 0.17 per liter, after falling NIS 0.12 in March. The price of fuel in Israel is set according to the price in the last four days of the month at Lavera in France. The price rise is due to the rise of oil prices on world markets.

In Eilat, where there is no VAT, the maximum price of 95 octane gasoline at self-service pumps in Israel will rise NIS 0.09 to NIS 5.54 at midnight. The charge for receiving full-service at pumps from gas station attendants in Eilat will remain NIS 0.17.

Published by Globes [online], Israel business news - www.globes-online.com - on April 30, 2018

© Copyright of Globes Publisher Itonut (1983) Ltd. 2018

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