TOKYO (MNI) – The average price of regular gasoline in Japan this
week stood at Y132.1 ($1.63) per liter, or $6.19 per gallon, unchanged
from last week, when it posted the 19th straight weekly drop, according
to data released by the Oil Information Center on Thursday.

The price was higher than the Y128.5 per liter price of a year
earlier.

Retail gasoline prices were on a general uptrend from mid-January
2009 until May 31, 2010, when they began to ease.

This week the average price of high-octane gasoline stood at Y142.9
per liter, unchanged from last week. It hit a record high of Y196.0 on
Aug. 4, 2008.

The average price for diesel oil stood at Y112.4 per liter this
week, down from Y112.5 last 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
Y1,390 per 18 liters, down from Y1,391 from last week. It posted a
record high of Y2,378 on Aug. 11, 2008.

The average home-delivery kerosene price this week was at Y1,504
per 18 liters, down from Y1,505. It hit a record high of Y2,484 on Aug.
11, 2008.

tokyo@marketnews.com
** Market News International Tokyo Newsroom: 81-3-5403-4833**

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