Gasoline costs to hit report excessive Monday evening

The utmost worth of presidency worth managed 95 octane gasoline at self-service pumps in Israel will rise on Monday at midnight September 1, 2026, by NIS 0.16 per liter to NIS 8.25 per liter, the Ministry of Vitality and Infrastructure has introduced. The cost for service at pumps will rise by NIS 0.01 to NIS 0.26 per liter. These costs embrace VAT. This equals the report ever worth for gasoline in Israel in September 2012.

Gasoline costs to leap sharply Saturday evening

Ministry of Vitality and Infrastructure Gas Authority managing director Bat Sheva Abuhatzira says that the components influencing the worth rise this month are the 6% rise in gasoline costs on world markets offset by a 3% strengthening of the shekel in opposition to the US greenback. General, the modifications in gasoline costs on world markets and the greenback trade price resulted in a rise of NIS0.10 per liter.

Though crude oil costs fell final month, which can have led to estimates that the worth of gas was additionally anticipated to fall, excessive refining prices modified the equation. “The refining margin – the hole between the worth of gasoline and the worth of oil – elevated by about 50% in contrast with the earlier month and displays a scenario during which the worldwide scarcity of refined gas merchandise is excessive,” explains Chen Herzog, BDO’s chief economist. “That is due, amongst different issues, to the blockade of refineries within the Persian Gulf and the injury to refineries in Russia within the struggle with Ukraine.”

As well as, the Israel Tax Authority up to date the excise element in accordance with the index, which induced a rise of about NIS 0.05 per liter. A semi-annual replace was additionally carried out and the advertising and marketing margin elevated by NIS 0.01. All of those modifications resulted in a complete enhance of NIS 0.16 per liter in September.

Printed by Globes, Israel enterprise information – en.globes.co.il – on August 30, 2026.