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Japan has ruled out another release of its oil reserves despite the G7 agreement to put 100 million barrels on the market.
Japan says it has no plans for further crude releases from national reserves, even as the G7 launches a 100-million-barrel coordinated stock release.
Islam Times - Japanese Chief Cabinet Secretary Minoru Kihara said Monday that Japan had no plans to make a fresh release of crude oil from its national reserves after already drawing on its stockpiles.