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
Y143.2 last week and marking the third straight weekly drop, data
released by the Oil Information Center showed on Thursday.

The average retail price this week rose 5.3% from the Y135.9 per
liter price seen a year earlier.

The average price of high-octane gasoline stood at Y153.9 per liter
this week, down from Y154.0 last week. It hit a record high of Y196.0 on
Aug. 4, 2008.

The average price of diesel fuel was at Y124.2 per liter, 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 Y1,604 last week. It posted a
record high of Y2,378 on Aug. 11, 2008.

The average home-delivery kerosene price was at Y1,728 per 18
liters, up from Y1,727 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$]