Gasoline prices to fall Thursday night

Energy sources predict that the price of gasoline will fall by NIS 0.10 per liter at midnight Thursday.

Energy sources predict that the price of 95 self-service gasoline will fall by NIS 0.10 per liter at midnight Thursday. The fall in the shekel-dollar exchange rate during October and the drop in the average quotes of CIF La Vera trade prices for fuels in the Mediterranean basin are the reasons for the pending drop.

If the drop in price materializes, 95 self-service gasoline will cost NIS 7.32 per liter.

This will be the second consecutive month that prices have dropped: on October 1, the price of gasoline was reduced by NIS 0.43 per liter to NIS 7.42 per liter.

Published by Globes [online], Israel business news - www.globes-online.com - on October 27, 2013

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

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