The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise on Saturday night. Prices will rise by NIS 0.01 to NIS 5.45 per liter on Saturday night at midnight August 2, 2020, the Ministry of National Infrastructures, Energy and Water Resources reports. The charge for receiving full-service at pumps from gas station attendants will remain NIS 0.21.
In June and July government price controlled 95 octane gasoline has rose sharply by NIS 0.68 after five consecutive months of price falls due to slump in demand because of the Covid-19 crisis. Oil prices have been rising substantially on world markets after most countries in the west have been rolling back lockdowns and attempting to get economies back moving again.
The maximum price of government price controlled 95 octane gasoline at self-service pumps in Eilat where there is no VAT will also rise by NIS 0.01 to NIS 4.68 on Saturday night. The charge for receiving full-service at pumps from gas station attendants in Eilat will remain NIS 0.18.
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