• Compiled From Kyodo, Bloomberg


Idemitsu Kosan Co. will raise wholesale prices on its gasoline and other petroleum products by about ¥10 per liter for shipments in the first half of June, President Akihiko Tembo said Monday.

The increase comes on the heels of a ¥5 per liter rise announced May 13, which boosted the oil firm’s total markup for May shipments to ¥12.

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