Gas prices to drop Wednesday, but not by much

Gasoline prices will drop slightly on Wednesday midnight in keeping with the falling price of oil worldwide.

Self-service 95-octane gasoline will drop by two agorot (NIS 0.02) per liter, from NIS 6.09 to NIS 6.07. The decrease is tiny, but follows on two steeper cuts since the beginning of August totaling NIS 0.56 per liter. It is also helped by a drop in value-added tax from 18% to 17%, according to the business journal Globes.

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