Japan to hold auction on June 10 to sell 750,000 kl of oil from national reserve
- Country:
- Japan
Japan's industry ministry said on Wednesday it will hold an auction on June 10 to sell 750,000 kilolitres, or 4.72 million barrels, of oil from its national reserve in a release coordinated by the International Energy Agency to cool prices.
The supply will become available to the winning bidders on July 20 or later, it said in a statement.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- International Energy Agency
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