Gasoline retail price rises in the 150 yen range for the first time in a year for 18 consecutive weeks

The retail price of regular gasoline this week was 150.3 yen per liter on average nationwide, reaching the 150 yen level for the first time in about a year since February last year.

The price of crude oil has risen for the 18th consecutive week due to expectations that the global economy will recover due to the spread of the new coronavirus vaccine.