TOKYO (MNI) – The average price of regular gasoline in Japan this
week rose to Y143.7 ($1.84) per liter, or $6.99 per gallon, from Y143.6
last week, posting the third straight weekly rise, data released by the
Oil Information Center showed on Wednesday.

The average retail price this week was up 8.5% from the Y132.5 per
liter price seen a year earlier.

The average price of high-octane gasoline stood at Y154.5 per
liter, up from Y154.4 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,
up from Y124.1 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
Y1,603 per 18 liters this week, up from Y1,600 last week. It posted a
record high of Y2,378 on Aug. 11, 2008.

The average home-delivery kerosene price this week was at Y1,724
per 18 liters this week, up from Y1,720 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$]