TOKYO (MNI) – The average price of regular gasoline in Japan this
week stood at Y142.9 ($1.82) per liter, or $6.92 per gallon, unchanged
from the previous week after a second straight weekly decline, data
released by the Oil Information Center showed on Wednesday.

The average retail price this week rose 3.6% from the Y138.0 per
liter price seen a year earlier, with the pace of year-on-year gains
little changed from a 3.5% rise in the previous week.

The average price of high-octane gasoline stood at Y153.7 per liter
this week, also unchanged from the previous week. It hit a record high
of Y196.0 on Aug. 4, 2008.

The average price of diesel fuel was at Y124.1 per liter, down from
Y124.2 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
Y1,618 per 18 liters this week, up from Y1,617 last week. It posted a
record high of Y2,378 on Aug. 11, 2008.

The average home-delivery kerosene price was at Y1,740 per 18
liters, up from Y1,739 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$]