• Japan’s Matsuno: Will continue to urge oil-producing countries to increase output

Market news

18 November 2021

Japan’s Matsuno: Will continue to urge oil-producing countries to increase output

Japan’s Chief Cabinet Secretary Hirokazu Matsuno acknowledges the report on oil reserve release requests from the US.

Additional quotes

“Refrain from commenting on specific talks between the US and Japan.”

“Will continue to watch the effect of soaring oil prices on Japan’s economy and urge oil-producing countries to increase output.”

“No comment on current forex levels, continue to pay attention to the forex market as currency stability is important.”

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