Key Facts
• Regular gasoline price in Japan dropped to 173.6 yen per liter on July 7.
• This marks a 0.6 yen decrease compared to the previous week.
• The decline is the first in three weeks.
• The price drop reflects a temporary easing of crude oil prices due to Middle East tensions.
• Data was reported by the Agency for Natural Resources and Energy.
Summary
The average price of regular gasoline in Japan decreased to 173.6 yen per liter as of July 7, marking a 0.6 yen drop from the previous week. This is the first decline in three weeks, attributed to a temporary stabilization in crude oil prices following heightened tensions in the Middle East. The data was provided by the Agency for Natural Resources and Energy.
