The retail price of regular gasoline this week was 164.7 yen per liter on a national average, falling for the seventh straight week.
According to the Petroleum Information Center, which is commissioned by the government to investigate gasoline prices, the retail price of regular gasoline as of the 4th was 164.7 yen per liter on average, down 0.4 yen from last week.
From the perspective that the economic recovery will be delayed and demand will decrease due to the influence of the mutant virus "Omicron strain", the price of crude oil futures fell mainly due to the 7th consecutive week of declines.
In addition, the over-the-counter price of kerosene was 1911 yen per 18 liters on average nationwide, a decrease of 4 yen from last week.
Regarding the outlook for the future, the Oil Information Center said, "While the infection of Omicron strains is spreading worldwide, the impact on economic activities is limited, crude oil prices have risen again recently, and gasoline prices have also risen. There is a possibility that it will turn into. "