TOKYO (MNI) – The average price of regular gasoline in Japan this
week stood at Y143.5 ($1.79) per liter, or $6.80 per gallon, up from
Y142.9 in the previous week and marking the first rise in four weeks,
data released by the Oil Information Center showed on Wednesday.

The average retail price this week rose 3.9% from the Y138.1 per
liter price seen a year earlier, with the pace of year-on-year gains
little changed from a 3.6% rise in the previous week.

The average price of high-octane gasoline stood at Y154.3 per liter
this week, up from Y153.7 in the previous week. It hit a record high of
Y196.0 on Aug. 4, 2008.

The average price of diesel fuel was at Y124.7 per liter, up from
Y124.1 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
Y1,625 per 18 liters this week, up from Y1,618 last week. It posted a
record high of Y2,378 on Aug. 11, 2008.

The average home-delivery kerosene price was at Y1,747 per 18
liters, up from Y1,740 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$]