TOKYO (MNI) – The average price of regular gasoline in Japan rose
to Y133.7 ($1.60) per liter, or $6.1 per gallon, this week from Y133.2
last week, posting the fourth straight weekly rise, according to data
released by the Oil Information Center on Wednesday.

The price was up by 6.0% from Y126.1 per liter a year earlier.

Retail gasoline prices were on a general upward trend from
mid-January 2009 until May 31, 2010, when they began to ease prior to
the recent pickup.

This week, the average price of high-octane gasoline stood at
Y144.4 per liter, up from Y143.9 last week. It hit a record high of
Y196.0 on Aug. 4, 2008.

The average price of diesel fuel stood at Y114.1 per liter this
week, up from Y113.5 in the previous week. It compared with the record
high of Y167.4 hit on Aug. 4, 2008.

The average over-the-counter price of kerosene for heating stood at
Y1,422 per 18 liters, up from Y1,406 the previous week. It posted a
record high of Y2,378 on Aug. 11, 2008.

The average home-delivery kerosene price this week was at Y1,539
per 18 liters, up from Y1,524 in the previous week. It hit a record high
of Y2,484 on Aug. 11, 2008.

tokyo@marketnews.com
** Market News International Tokyo Newsroom: 81-3-5403-4835 **

[TOPICS: M$J$$$,M$A$$$,MAJDS$]