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Japan gasoline price hits record above 180 yen/litre
July 9, 2008 / 5:16 AM / 9 years ago

Japan gasoline price hits record above 180 yen/litre

 TOKYO, July 9 (Reuters) - Japan's retail regular gasoline
prices jumped to a record high above 180 yen per litre due to
soaring crude oil prices, a research body said on Wednesday.
 The average pump price of regular gasoline in Japan was 181.5
yen ($1.69) per litre ($6.40 a U.S. gallon) on Monday, compared
with the previous record of 172.4 yen hit on June 9, data from
the Oil Information Center showed.
 The jump came after Japanese refiners raised wholesale oil
prices by around 5 percent from July 1 to pass on the higher cost
of crude imports.
 Last week, U.S. crude oil futures CLc1 hit a record above
$145 a barrel.
 Following is a table of average retail prices in Japan for
regular gasoline, high-octane gasoline and diesel oil (yen per
litre, with kerosene in yen per 18 litres):
 DATE    High-octane Regular   Diesel   Kerosene
 July  7   192.4      181.5    163.1     2,294
 June 30   182.9      172.0    153.0     2,104
 June 23   183.0      172.0    153.0     2,100
 June 16   183.2      172.3    153.1     2,095
 June  9   183.4      172.4    153.1     2,088
 June  2   182.8      171.9    152.3     2,060
 May  26   171.1      160.3    139.8     1,833
 May  19   171.0      160.1    139.6     1,822
 May  12   170.8      160.1    139.4     1,813
 May   7   170.3      159.6    139.0     1,806
 May   5     NA       159.2    138.9       NA
 May   1     NA       153.4    136.7       NA
 Note: Price per gallon calculated using U.S. gallons (1 U.S.
gallon=3.785 litres).
 ($1=107.43 Yen)
 (Reporting by James Topham)


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