Fuel Prices to Drop This Weekend, But a Sharp Increase Looms
Translated & summarized from JDN by baba
Gasoline prices in Israel will drop by 42 agorot to NIS 7.35 per liter starting Sunday, November 1st, 2026. This decrease is temporary, as a significant price increase to NIS 8.35 per liter is expected on November 5th if the government does not extend a tax reduction. The Ministry of Energy is urging drivers to shop around for the best prices.
The story in 4 lines · by baba
- Fuel prices will decrease by 42 agorot to NIS 7.35 per liter starting November 1st, 2026.
- A sharp NIS 1 increase to NIS 8.35 per liter is possible on November 5th.
- The potential increase is due to the expected expiration of an excise tax reduction.
- The Ministry of Energy advises drivers to compare prices at different gas stations.
The Ministry of Energy and Infrastructure announced that fuel prices will be adjusted at midnight between Saturday and Sunday, November 1st, 2026. The maximum price for a liter of 95-octane unleaded gasoline at self-service stations, including VAT, will decrease by 42 agorot to NIS 7.35. The additional charge for full service will remain unchanged at 26 agorot per liter.
However, the ministry issued a warning regarding potential price hikes later in the month. If the Ministry of Finance does not renew the excise tax reduction order, it will expire on November 4th. Consequently, starting November 5th, the maximum price for a liter of gasoline could surge by a full shekel to NIS 8.35.
The Ministry of Energy and Infrastructure advises drivers to compare prices across different gas stations to find the most economical option.
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