Gasoline rises for 9 consecutive weeks Expected to continue next week due to tensions in the Middle East January 8 at 15:37
The retail price of regular gasoline this week was 150.1 yen per liter, up for the 9th consecutive week. Prices are expected to continue rising next week as tensions in the Middle East rise due to the conflict between the United States and Iran.
According to the Petroleum Information Center, which surveys gasoline prices on behalf of the government, the average national retail price of regular gasoline as of the 6th has increased by 1.3 yen from the previous survey two weeks ago, and the price per liter It was 150.1 yen.
This is the highest level since last May, and the price rise has been for nine consecutive weeks.
This is because crude oil prices have risen globally last month due to expectations that the world economy will recover as trade negotiations between the United States and China progress.
On the other hand, the oil information center further increased oil prices due to the view that the tension between the United States and Iran may increase the tensions in the Middle East, which could affect the supply of crude oil. We expect prices to continue rising next week.
According to the Oil Information Center, "Iran's attacks on U.S. military bases have increased tensions, which could lead to higher gasoline prices next week and beyond."