TOKYO (MNI) – The average price of regular gasoline in Japan this
week fell to Y143.6 ($1.85) per liter, or $7.03 per gallon, from Y143.7
last week, posting the first drop in six weeks, data released by the Oil
Information Center showed on Wednesday.
The gasoline price posted a third straight weekly rise last week
after marking the first increase in more than three months in the week
of Nov. 14.
Meanwhile, the average retail price this week maintained a
year-on-year gain, up 8.1% from the Y132.9 per liter price seen a year
earlier.
The average price of high-octane gasoline stood at Y154.4 per
liter, down from Y154.5 last week. It hit a record high of Y196.0 on
Aug. 4, 2008.
The average price of diesel fuel was at Y124.3 per liter this week,
unchanged from the previous week. That compares with the record high of
Y167.4 recorded on Aug. 4, 2008.
The average over-the-counter price of kerosene for heating stood at
Y1,605 per 18 liters this week, up from Y1,603 last week. It posted a
record high of Y2,378 on Aug. 11, 2008.
The average home-delivery kerosene price this week was at Y1,726
per 18 liters this week, up from Y1,724 in the previous week. It hit a
record high of Y2,484 on Aug. 11, 2008.
tokyo@marketnews.com
** Market News International Tokyo Newsroom: 81-3-5403-4835 **
[TOPICS: M$J$$$,M$A$$$,MAJDS$]
