Gasoline price rises for the first time in 16 weeks Due to relaxation of economic activity restrictions May 20 15:20

The national average retail price of regular gasoline this week was 125.5 yen per liter, an increase of 0.7 yen from the previous week, the first increase in 16 weeks. This is because the restrictions on economic activity due to the new coronavirus have been gradually eased in each country, and crude oil prices have begun to rise.

According to the Petroleum Information Center, which is commissioned by the government to survey gasoline prices, the national average retail price of regular gasoline as of the 18th of this month was 125.5 yen, up 0.7 yen per liter from the previous week. .

This is the first time in 16 weeks that the price of gasoline has risen.

This is because the restrictions on economic activities due to the spread of the new coronavirus have been gradually eased in each country, and crude oil prices, which had been declining, have started to rise.

In addition, major oil-producing countries such as Saudi Arabia and Russia have been collaborating with each other since this month to reduce production, which seems to have contributed to the rise in crude oil prices.

Petroleum Information Center said, "The rise in crude oil prices will also raise the price of gasoline next week. However, it is unclear whether the new coronavirus will converge, and the crude oil price may fall again depending on the infection situation in the future. There is.