BRIEF: Gasoline price to rise 4.1 percent Thursday night
Jan 30, 2013 (Globes - McClatchy-Tribune Information Services via COMTEX) --
The price of self-service 95 octane gasoline will go up 4.1 percent, or NIS 0.31 per liter at midnight Thursday to NIS 7.83 per liter from NIS 7.52 per liter. Full-service 95 octane gasoline cost NIS 8.01 per liter.
The price hike is due to the 9.7 percent rise in the price of gasoline in CIF La Vera trade prices for fuels in the Mediterranean basin in January, while the shekel-dollar exchange rate was flat.
The price of self-service 95 octane gasoline peaked at NIS 8.25 per liter in September. The subsequent drop in prices was due to lower global oil prices and the strengthening of the shekel against the dollar.
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