Gasoline prices in Israel to rise sharply again

Filling up with gasoline / Photo: Eyal Izhar, Globes

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The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise by NIS 0.27 to NIS 5.99 per liter on Sunday night, March 1.

The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise on Sunday night at midnight March 1, 2021 by NIS 0.27 to NIS 5.99 per liter, the Ministry of Energy has announced. The charge for receiving full-service at pumps from gas station attendants will remain NIS 0.21.

This latest price hike follows a rise of NIS 0.38 last month over the past three months as oil prices rise on world markets.. The price of gasoline in Israel has risen from a low point of NIS 4.79 in May 2020, during the early stages of the Covid-19 economic crisis..

The maximum price of government price controlled 95 octane gasoline at self-service pumps in Eilat where there is no VAT will rise by NIS 0.23 to NIS 5.12 on Sunday 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 February 28, 2021