It is scheduled that fuel prices in Palestine for the month of March (2023) will witness a slight decline, after being fixed during the current month of February.
And the Ministry of Finance announced, this evening, Tuesday, February 28, the fuel and gas prices to be applied during the month of March.
Fuel prices in Palestine – which are to be applied starting tomorrow, Wednesday – decreased by about 1 agora (0.01 shekels) compared to their counterparts applied during this February.
Fuel prices in Palestine, March 2023
In a statement, the General Petroleum Corporation revealed the minimum prices for selling fuel and gas in Palestine to the consumer during March in all governorates.
The fuel prices in Palestine, which will be applied during the next month, are as follows:
- The price of a liter of 98 octane petrol decreased from 7.29 shekels to 7.28 shekels.
- The price of a liter of 95 octane petrol decreased from 6.59 shekels to 6.58 shekels.
- The price of a liter of diesel fuel decreased from 6.17 shekels to 6.16 shekels.
- The price of a liter of kerosene decreased from 6.17 shekels to 6.16 shekels.
- Fixing the price of a 2.5-kilogram gas cylinder at 15 shekels.
- Fixing the price of a 5 kg cylinder at 30 shekels.
- Fixing the price of a 12-kg cylinder at 70 shekels.
- Fixing the price of a 48 kg cylinder at 80 shekels.
- Fixing the price of a liter of natural gas for buildings and institutions at 3.06 shekels.
- Fix it like a gas bomb, and it will reach buildings and institutions at 5.37 shekels.
* (The shekel is divided into 100 agoras, equivalent to $0.27)
The Commission emphasized to all station owners and gas distributors the necessity of adhering to the announced fuel prices in Palestine.
And I asked the citizens – in the event of any complaint about fuel prices in Palestine – to contact the consumer protection on the number (129).
Fuel prices in Palestine
Fuel prices in Palestine are the highest among all Arab countries, especially the price of 95-gasoline, which is the most widely used in the country.
The General Petroleum Corporation affiliated to the Ministry of Finance in Palestine is keen to update the numbers monthly, according to the data seen by the specialized energy platform.
Fuel prices in Palestine, especially gasoline, suffered from the scourge of the Russian-Ukrainian war and the siege imposed on Palestinian cities, as they recorded high levels during 2022.
The price of a liter of 95 petrol in Palestine, during this February, was 6.59 shekels ($1.86), compared to 6.33 shekels ($1.78) in February and March 2022, but it is similar to the prices of April and May themselves. The price rose to 6.59 shekels ($1.86).
In June, the price of gasoline in Palestine rose to 6.99 shekels ($1.97), before recording another increase in July at 7.19 shekels ($2.02), according to the monitoring of the specialized energy platform.
Prices fell last August to 6.34 shekels ($1.79), then fell again in September to 6.24 shekels ($1.76), before recording a slight decline to 6.22 shekels ($1.75) in October.
And last November witnessed a slight increase, with which the price of a liter of 95-octane gasoline reached about 6.31 shekels ($1.78), then it rose again, recording 6.59 shekels ($1.86), which is the same level that continued during January 2023, to become an average The price of gasoline in Palestine during a year of war in Ukraine is about 6.80 shekels ($1.91).
The following infographic prepared by the Energy Platform reveals the highest Arab countries in fuel prices during the first year of the Russian-Ukrainian war:
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