9,612.84 TRY BIST 100 BIST 100
37.83 USD USD USD
5.24 CNY CNY CNY
40.78 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
45.53 TRY Interest Interest
73.74 USD Fossil Oil Fossil Oil
34.28 USD Silver Silver
5.09 USD Copper Copper
103.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,761.14 TRY Gold (gr) Gold (gr)

Fuel prices in Japan hit the peak for the 3rd time in a month

Fuel prices, which have risen steadily in Japan, peaked for the third time in a month.

Fuel prices in Japan hit the peak for the 3rd time in a month

In Japan, which was affected by the global increase in crude oil prices, fuel prices peaked for the third time in a month. On Monday, it was announced that the average retail price of regular gasoline increased by 1.6 percent compared to the previous week, rising to 167.3 yen per liter. It was noted that the price increase, which continued uninterruptedly during the 8-week period, was reflected in the market as 6 percent. With the latest development, fuel prices, which reached the highest level of the last 7 years twice this month, broke the record of the last 7 years for the 3rd time in a month.
In the statement made this month by the Ministry of Economy, Trade and Industry of Japan, it was recorded that the average selling price of regular gasoline reached 162.10 yen per liter on October 11, the highest level seen since October 2014. It had reached 164.6 yen per head.

It was commented that the price increase was caused by the increasing need as a result of the economic recovery that started after the Covid-19 epidemic. It was also discussed that if the problems in gas supply continued, the possibility of electricity companies to turn to oil for production also caused upward changes in oil prices, which were on the rise.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Türkiye's economic confidence index increased in March

Friday, March 28, 2025

Türkiye's foreign trade deficit increased by 14.8% in February

Thursday, March 27, 2025

US imposes 25% tariff on imported cars

Thursday, March 27, 2025

Capacity utilization rate in Türkiye increased by 0.3 points in March

Tuesday, March 25, 2025

Deposit interest rates are on the rise: TRY deposit interest rates hit 45%

Monday, March 24, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now