Fuel Prices to Drop Then Rise Sharply in Early November
Translated & summarized from Kikar HaShabbat by baba
Fuel prices in Israel will decrease by 42 agorot to NIS 7.35 per liter for 95-octane gasoline at self-service stations starting November 1st. However, prices are set to jump to NIS 8.35 per liter on November 5th if a temporary excise tax order expires. The surcharge for full service will remain unchanged.
The story in 4 lines · by baba
- Fuel prices will drop by 42 agorot to NIS 7.35 per liter on November 1st.
- Prices are expected to rise sharply to NIS 8.35 per liter on November 5th.
- The price increase is contingent on the expiration of a temporary excise tax order.
- The surcharge for full service stations will remain at 26 agorot per liter.
The Fuel and Gas Administration at the Ministry of Energy and Infrastructures announced that fuel prices will be updated at midnight between Saturday, November 1st, and Sunday, November 2nd, 2026. The maximum price for a liter of 95-octane unleaded gasoline at self-service stations will decrease by 42 agorot to NIS 7.35. However, if the excise tax order is not updated, a temporary order regarding the excise tax will expire on November 5th. Consequently, starting November 5th, the maximum price will increase to NIS 8.35 per liter. The surcharge for full service will remain unchanged at 26 agorot per liter. The previous price update saw a decrease, but the upcoming change indicates a significant rise.
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