Gasoline price drops for the first time in 14 weeks “Slow demand growth” at 17:05, August 19
The regular gasoline retail price this week was 135.5 yen per liter on a national average, falling for the first time in 14 weeks. Due to the influence of the new coronavirus, it seems that demand for gasoline has been sluggish due to widespread movement to refrain from traveling by car during the Bon Festival.
According to the Petroleum Information Center, which is commissioned by the government to investigate the gasoline price, the retail price of regular gasoline as of the 17th of this month is 135.5 yen per liter on a national average, a decrease of 0.1 yen compared to the previous week. did.
This is the first drop in gasoline prices for the first time in 14 weeks.
Every year, the demand for gasoline will increase during the Obon period due to homecoming and other reasons, but this time, due to the spread of movements to refrain from going out by car due to the influence of the new coronavirus, the demand for gasoline was sluggish and led to price reductions. You can see it.
Regarding the future outlook, the Petroleum Information Center said, "It is expected that prices will increase modestly next week due to a slight increase in international crude oil prices. However, there are concerns about the re-expansion of the new coronavirus after that, It's difficult to determine."