TOKYO (MNI) – The average price of regular gasoline in Japan this
week stood at Y150.2 ($1.96) per liter, or $7.45 per gallon, down from
Y150.8 last week, posting the first drop in nine weeks, while
maintaining a sharp rise from a year earlier, data released by the Oil
Information Center showed on Wednesday.

The average price this week was up 12.2% from the Y133.7 per liter
price seen a year earlier.

The average price of high-octane gasoline stood at Y161.0 per
liter, down from Y161.6 last week. It hit a record high of Y196.0 on
Aug. 4, 2008.

The average price of diesel fuel stood at Y129.5 per liter this
week, also down from Y130.1 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
Y1,670 per 18 liters this week, down from Y1,675 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 Y1,782
per 18 liters this week, down from Y1,787 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$]