Japan Average Gasoline Price Posts First Fall in Three Weeks

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TOKYO (MNI) ? The average price of regular gasoline in Japan this
week stood at Y143.4 ($1.84) per liter, or $6.99 per gallon, down from
Y143.6 the previous week, and marking the first fall in three weeks,
data released by the Oil Information Center showed on Wednesday.

The average price of high-octane gasoline stood at Y154.2 per
liter, down 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,
down from Y124.4 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
Y1,604 per 18 liters this week, down from Y1,605 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 Y1,727
per 18 liters this week, unchanged from the last 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$]

Source: http://feedproxy.google.com/~r/forexlive-rss/~3/nAU2qtRM0CY/

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