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Gasoline prices in Israel to fall Saturday night

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The utmost worth of presidency worth managed 95 octane gasoline at self-service pumps in Israel will fall on Saturday at midnight March 2, 2025, by NIS 0.08 per liter to NIS 7.23 per liter.


The utmost worth of presidency worth managed 95 octane gasoline at self-service pumps in Israel will fall on Saturday at midnight March 2, 2025, by NIS 0.08 per liter to NIS 7.23 per liter, the Ministry of Vitality and Infrastructure has introduced. The cost for service at pumps will stay unchanged at NIS 0.24 per liter.

For the sake of comparability, the most costly that 95 octane gasoline has been not too long ago was NIS 7.90 in Might 2024 and the most cost effective was NIS 6.81 in April-Might 2023, partly as a result of a brief reduce in excise tax.

The value of gasoline is calculated by the Ministry of Vitality on the finish of every month, primarily based on the common oil costs within the Mediterranean area and the shekel-US greenback change fee. As well as, the worth features a basket of promoting bills for the fuel station, excise tax, and VAT.

Revealed by Globes, Israel enterprise information – en.globes.co.il – on February 27, 2025.

© Copyright of Globes Writer Itonut (1983) Ltd., 2025.



Paz fuel station credit score: Tali Bogdanovsky



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