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 Power 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 costliest that 95 octane gasoline has been not too long ago was NIS 7.90 in Might 2024 and the most affordable was NIS 6.81 in April-Might 2023, partly because of a short lived lower in excise tax.
The worth of gasoline is calculated by the Ministry of Power on the finish of every month, primarily based on the typical oil costs within the Mediterranean area and the shekel-US greenback trade fee. As well as, the value features a basket of selling bills for the gasoline 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 gasoline station credit score: Tali Bogdanovsky
