Japanese gasoline wholesalers will likely refrain from hiking prices in July if current exchange rates and crude oil prices persists, halting the recent string of retail price increases, the head of Japan’s petroleum refining industry was quoted as saying. “Probably, wholesale price hikes will not take place in July if the (yen-dollar) exchange rate and…
JAPAN: Oil industry head expects gasoline price to stay unchanged in July
Posted on July 15, 2004 by EnergyAsia