Japan considers releasing an additional 20 days of oil reserves, according to Kyodo

Japan's potential decision to release an additional 20 days of oil reserves indicates a proactive approach to manage domestic supply and pricing amid heightened energy market volatility.

Newsquawk StaffPublished On the live feed at , 20 minutes before this page
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Japan considers releasing an additional 20 days of oil reserves, according to Kyodo

EU's Dombrovskis said the bloc will still be hit by a “stagflationary shock” of low growth and rising inflation despite the US-Iran ceasefire, while European Commission is preparing to cut growth forecasts, according to FT

US crude exports are projected to hit a record high in April as Asian customers hunt for supplies as an alternative for Middle Eastern oil, according to FT

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This move could alleviate short-term pressures on oil prices, influencing regional dynamics and potentially impacting trading positions in oil-related assets and currencies linked to energy exports.

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