Japan begins releasing national oil reserves, as expected, according to Kyodo
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Another attack reported on a US base in Kuwait and Arab sources report new attacks on American interests and facilities in Saudi Arabia, according to Fars News Agency
China Vanke (2202 HK) reportedly seeks another bond repayment delay as it works on a restructuring plan
Japan begins releasing national oil reserves, as expected, according to Kyodo
Japan's Finance Minister Katayama says oil prices and oil futures are having the largest-ever impact on markets
Chinese top legislator says we should reject conflict and confrontation, while he called for respect of sovereignty and non-interference in other countries' affairs
On the Newsquawk feed at , 20 minutes before this page.
Context
Japan's decision to begin releasing national oil reserves aligns with market expectations, suggesting a strategic response to supply concerns. This release may impact WTI prices, as it typically signals a commitment to stabilize the energy market, but the overall supply-demand balance will be critical in determining the efficacy of this measure.
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