TOKYO (MNI) – The average price of regular gasoline in Japan this
week rose to Y139.6 ($1.55) per liter, or $5.89 per gallon, from Y139.5
last week, posting the 12th weekly rise in a row, according to data
released by the Oil Information Center on Wednesday.
It was much higher than the Y119.0 price of a year earlier and was
the highest since Y141.0 marked on Nov. 4, 2008.
Retail gasoline prices have been on a general uptrend since
mid-January 2009.
The national average price of Y106.0 marked on Jan. 13, 2009 was
the lowest level since the Y100.8 recorded on March 29, 2004.
This week the average price of high-octane gasoline stood at Y150.4
per liter, up from Y150.2 last week. It hit a record high of Y196.0 on
Aug. 4, 2008.
The average price for diesel oil stood at Y117.7 per liter this
week, up from Y117.6 last week. It compared with the record high of
Y167.4 hit on Aug. 4, 2008.
The average over-the-counter price of kerosene for heating stood at
Y1,437 per 18 liters, up from Y1,436 last week. It posted a record high
of Y2,378 on Aug. 11, 2008.
The average home-delivery kerosene price this week was at Y1,556
per 18 liters, also up from Y1,553. It hit a record high of Y2,484 on
Aug. 11, 2008.
tokyo@marketnews.com
** Market News International Tokyo Newsroom: 81-3-5403-4833**
[TOPICS: M$J$$$,M$A$$$,MAJDS$]
