Gasoline price rises for 3 consecutive weeks Economic activity resumes and crude oil price rises at 15:13 on June 3

The regular gasoline retail price this week was 128.4 yen per liter on a national average, rising for the third consecutive week. This is because the restrictions on economic activities due to the spread of new coronavirus infections have been gradually eased and crude oil prices have risen.

According to the Petroleum Information Center, which is commissioned by the government to survey gasoline prices, the nationwide average retail price of regular gasoline on the 1st of this month was 128.4 yen per liter, an increase of 1.5 yen from the previous week.

Gasoline prices will rise for the third consecutive week.

This is because the spread of the new coronavirus has gradually restarted the world's limited economic activities, and the crude oil price is rising due to the expectation that demand for crude oil will increase.

In addition, the fact that oil-producing countries such as Saudi Arabia and Russia are working together to reduce crude oil production seems to be affecting the price increase.

The Petroleum Information Center is supporting crude oil prices, partly due to the view that oil-producing countries will continue to cut production at the current scale. It is expected that gasoline prices will rise slightly next week, too. is.