TOKYO (MNI) – The average price of regular gasoline in Japan this
week rose to Y143.6 ($1.86) per liter, or $7.07 per gallon, from Y142.7
last week, posting the second straight week-to-week rise, data released
by the Oil Information Center showed on Thursday.

Last week the gasoline price marked the first rise in 15 weeks.

The average retail price this week was up 8.5 % from the Y132.3 per
liter price seen a year earlier.

The average price of high-octane gasoline stood at Y154.4 per
liter, up from Y153.6 last week. It hit a record high of Y196.0 on Aug.
4, 2008.

The average price of diesel fuel was at Y124.1 per liter this week,
up from Y123.2 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
Y1,600 per 18 liters this week, up from Y1,587 last week. It posted a
record high of Y2,378 on Aug. 11, 2008.

The average home-delivery kerosene price this week was at Y1,720
per 18 liters this week, up from Y1,707 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$]