The utmost price of government rate controlled 95 octane gasoline at self-assistance pumps in Israel will rise on Tuesday night time at midnight June 1, 2022 by NIS .66 to NIS 7.72 for every liter.


The optimum cost of authorities value managed 95 octane gasoline at self-assistance pumps in Israel will rise on Tuesday night time at midnight June 1, 2022 by NIS .66 to NIS 7.72 for each liter, the Ministry of Nationwide Infrastructures, Electricity and Water Resources has declared. The charge for getting complete-provider at pumps from gas station attendants will remain NIS .21.

The main motive for the sharp increase in gasoline prices is a 20% increase in the selling price of oil on world markets above the past month, contributing NIS .56 of the rise with VAT contributing another NIS .10.

The maximum price of government rate managed 95 octane gasoline at self-services pumps in Israel has risen by NIS 2.83 per liter given that April 2020, when it fell to a low of NIS 4.89 at the start of the Covid pandemic.

The highest rate of authorities rate controlled 95 octane gasoline at self-service pumps in Eilat in which there is no VAT will rise by NIS .56 to NIS 6.60 on Tuesday evening. The charge for getting total-company at pumps from gasoline station attendants in Eilat will continue being NIS .18.

Printed by Globes, Israel small business news – en.globes.co.il – on Could 29, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.



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