TOKYO (MNI) – The average price of regular gasoline in Japan this
week stood at Y143.1 ($1.86) per liter, or $7.07 per gallon, down from
Y144.2 last week, posting the ninth straight weekly drop, data released
by the Oil Information Center showed on Thursday.

The average price this week was up 8.3% from the Y132.1 per liter
price seen a year earlier.

The average price of high-octane gasoline stood at Y153.9 per
liter, down from Y155.0 last week. It hit a record high of Y196.0 on
Aug. 4, 2008.

The average price of diesel fuel was at Y123.3 per liter this week,
down from Y124.2 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
Y1,596 per 18 liters this week, down from Y1,609 last week. It posted a
record high of Y2,378 on Aug. 11, 2008.

The average home-delivery kerosene price this week was at Y1,711
per 18 liters this week, down from Y1,722 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$]