increase in fuel prices fifth month in a row: 95-octane gasoline - NIS 6.06 per liter

Posted on May 1, 2021 by Ifi Reporter - Dan Bielski

Again an increase in fuel prices, for the fifth month in a row, but this time smaller: at midnight between Saturday and Sunday, the maximum price for a liter of unleaded 95-octane gasoline at a self-service station (including VAT) will rise to NIS 6.06 per liter, an increase of 2 cents from the previous month The supplement for full service will normally be 21 cents per liter.
The maximum price for a liter of unleaded 95-octane gasoline for the consumer at a self-service station in Eilat (excluding VAT) will not exceed NIS 5.18 per liter, an increase of 2 cents from the previous month. The supplement for full service will be 18 cents per liter (excluding VAT).
The rise in prices of 2 cents in May joins the rising trend of fuel prices in December, January, February, March and April, which amounted to 67 cents per liter.
Since 2006, when the Ministry of Energy started publishing fuel prices on its website, the lowest price was NIS 4.79 per liter for self-refueling just a year ago - in May 2020. Since then, it has risen by NIS 1.27 in about a year. The highest price was recorded in September 2012, when one liter of self-service cost NIS 8.12.
Israel is at the top of the world in fuel prices, with an average price of $ 1,816 per liter. Among the few countries where a liter of fuel is more expensive than in Israel are countries such as Sweden, Italy, Finland, Greece, Denmark, Norway, the Netherlands and the Republic of Central Africa. Hong Kong is at the top of the list of expensive countries with fuel consumption, where the price reaches $ 2,424.
Meanwhile, in more than 160 countries the price of fuel is cheaper than in Israel. It is especially worth filling a liter of fuel in oil-producing countries - Venezuela with a price of $ 0.02 per liter, Iran with $ 1,061 per liter, followed by Angola, Algeria, Kuwait, Sudan, Kazakhstan, Qatar, Turkmenistan, Nigeria, Ecuador, UAE, Kyrgyzstan, Malaysia , Iraq, Saudi Arabia, Oman, Bahrain, Ethiopia and Egypt.


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