TOKYO (MNI) – The average price of regular gasoline in Japan this
week stood at Y149.1 ($1.94) per liter, or $7.37 per gallon, down from
Y150.2 last week, posting the second straight weekly drop, while
maintaining a rise from a year earlier, data released by the Oil
Information Center showed on Wednesday.

The average price this week was up 11.6% from the Y133.6 per liter
price seen a year earlier.

The average price of high-octane gasoline stood at Y159.8 per
liter, down from Y161.0 last week. It hit a record high of Y196.0 on
Aug. 4, 2008.

The average price of diesel fuel stood at Y128.5 per liter this
week, down from Y129.5 last 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
Y1,659 per 18 liters this week, down from Y1,670 in the last week. It
posted a record high of Y2,378 on Aug. 11, 2008.

The average home-delivery kerosene price this week was at Y1,771
per 18 liters this week, down from Y1,782 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$]