Israel Gasoline prices, 27-May-2024

The current gasoline price in Israel is ILS 8.12 per liter or USD 2.21 per liter and was updated on 27-May-2024. For comparison, the average price of gasoline in the world is USD 1.26 per liter.
Gasoline prices
 Current price 2.21
 Measure USD/Liter
 Last update 2024-05-27
 Data availability from 2014-06-16
 Data frequency Weekly
Source: Ministry of Energy of Israel

We show Octane-95 gasoline price data for Israel from 2014-06-16 to 2024-05-27. The average gasoline price during that period is ILS 6.55 per liter with a minimum of ILS 5.00 on 2020-05-04 and a maximum of ILS 8.29 on 2022-07-04. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Israel every week.

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Gasoline prices
Price (ILS/Liter) Percent change
 Current price 8.12 -
 One month ago 7.94 2.3 %
 Three months ago 7.73 5.0 %
 One year ago 7.06 15.0 %

Our data on: CNN Bloomberg Reuters

Israel Gasoline prices: The last eight weeks

Israel Gasoline prices: The last eight weeks

Israel Gasoline prices, liter, Israeli New Shekel

Israel Gasoline prices: Historical graph; 2014-06-16-2024-05-27
* A long flat line means that the government fixes the prices.
Israel: Gasoline price analytics
Percent of world average gasoline price     148.84%
Correlation with crude oil prices     0.86
Percent change if oil prices increase 10%     2.00%
Correlation with USD exchange rate     -0.26
Price flexibility index: 0 (low) - 1 (high)     0.18
Correlation with diesel fuel prices     0.99
Percent of diesel price     105.26%
Cost of 40 liter tank, percent of income     1.95%
Gasoline consumption, percent of income     1.78%
Updated monthly. Methodological notes
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