TOKYO (MNI) – The average price of regular gasoline in Japan this
week fell to Y155.5 ($1.91) per liter, or $7.26 per gallon, from Y157.2
last week, marking a third straight weekly fall, data released by the
Agency for Natural Resources and Energy showed Wednesday.
The price reached Y158.3 in the week starting on April 2, the
highest in three and a half years since Y161.6 seen in the week of Oct.
14, 2008.
The average retail price this week was 1.8% above the Y152.7 per
liter price seen a year earlier, with the pace of year-on-year gains
decelerating from a 3.3 % rise in the previous week.
The average price of high-octane gasoline stood at Y166.3 per liter
this week, down from Y168.0 in the previous week. It hit a record high
of Y196.0 on Aug. 4, 2008.
The average price of diesel fuel was at Y135.0 per liter, down from
Y136.2 in the previous week. That compares with the record high of
Y167.4 recorded on Aug. 4, 2008.
The average over-the-counter price of kerosene for heating stood at
Y1,749 per 18 liters this week, down from Y1,762 last week. It posted a
record high of Y2,378 on Aug. 11, 2008.
The average home-delivery kerosene price was at Y1,866 per 18
liters, down from Y1,877 the previous week. It hit a record high of
Y2,484 on Aug. 11, 2008.
tokyo@marketnews.com
** MNI Tokyo Newsroom: 81-3-5403-4835 **
[TOPICS: M$J$$$,M$A$$$,MAJDS$]
