The Japanese government has already begun preparations to release part of its oil reserves, to counter rising oil prices. This action has been taken in response to the request made by the U.S. government.
- Japanese government prepares to release its oil reserves
- Currently, the price of oil stood at 168.9 yen per liter
The U.S. government had requested China and....
Tags : Japan, Oil, Reserve, Prices, Soar, Gasoline, Stockpiles,