Gasoline Prices

Israel to cut taxes on meat, gas, electricity to curb price hikes

Report: Israeli Finance Ministry planning series of tax and tariff cuts on foods, gasoline, and electricity to curb rising prices.

Gas prices drop by .5%, full-service additions stay stable.

On Thursday night as New Year starts, updated gas prices will drop 3.5%, shaving off 21 agurot from last month.

At midnight self-service Benzene 95 prices are to drop over half a shekel from last month, as prices reach their lowest in five years.

The price of gas will go up to 7.40 shekels/liter this Saturday night.

If you're a motorist in Israel, better fill up the tank while you can. Prices at the pump are set to rise to an all-time high this weekend.

One liter of 95 octane gasoline will cost NIS 7.43 at self service pump, as world oil prices dip.

The Obama administration is blaming Israel for the recent rise in global crude oil prices, says its "posturing" on Iran brought the rise.

Netanyahu and Steinitz reduce excise tax by 15 agorot per liter, price rises to 8.00 NIS, not 8.15 as planned.

Hours before the gas prices were to rise, PM Netanyahu lowered the tax gasoline by 0.10 shekels. Full service will still be 7.95 shekels.

Just when you thought the economy was turning around: government figures show there's been a sharp drop in demand for homes in Israel.