The increase in price is due to the weakening of the shekel in the last days of the month, and was moderated thanks to a slight decrease in the price of oil in the Mediterranean basin
Starting tonight, the price of self-service fuel will increase by 4 shekels per liter, so that the price of a liter of self-service gasoline will be NIS 7.56. The surcharge for self-service will be 22 cents per liter.
The reason for the increase is the weakening of the shekel in the last days of the month (compared to the last days of last month) by 1.65%. The increase is conditioned to a certain extent in light of a decrease in the average price of oil in the Mediterranean basin by 0.1%.
The price of fuel is updated once a month in the fuel manager at the Ministry of Energy according to a series of parameters, the main of which is the price of fuel in the Mediterranean basin and the tax rates (excise duty and VAT). In addition, the price also includes the assessment of marketing expenses (the cost of operating the gas stations) and The exchange The Ministry of Energy examines the data on the last business days of each month and updates the price accordingly.
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