Gasoline prices to drop 3% on Feb. 1

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January 29, 2015 17:56

 
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Between Saturday night and Sunday, self-service fuel prices will drop another 19 agorot per liter – to their lowest level in the past five years. 


Following the change, the maximum price per liter for self-service 95-octane benzene will be NIS 6.08, down 3.03 percent from the previous month, the National Infrastructures, Energy and Water Ministry said. The full service surcharge will be unchanged at 19 agorot per liter, the ministry said. 


In Eilat, where fuel is sold without VAT, the maximum price per liter for self-service 95-octane benzene will be NIS 5.15, down 17 agorot from the previous month, or 3.2%. The full service surcharge in Eilat will remain 16 agorot per liter, unchanged from January, the Energy Ministry said. 


The 3.03% drop in self-service fueling prices follows a 9.13% – or 63 agorot reduction – that occurred between December and January. 


Fuel prices in Israel have continued to fall due to the decreasing international price of gasoline, the Energy Ministry said.

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