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Japan's oil reserve release plan unchanged by price drop -industry minister
Dec. 3, 2021
Source: Reuters

Japan's oil reserve release plan unchanged by price drop -industry minister

TOKYO, Dec 3 (Reuters) - Japan's plan to release oil from strategic reserves in coordination with the United States and other consuming countries remains unchanged despite the recent drop in oil prices, industry minister Koichi Hagiuda said on Friday. Global oil prices have lost more than $10 a barrel since last Thursday when news of the Omicron coronavirus variant first shook investors.

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