Latest Dubai crude oil News & Updates

Tokyo, March 26 (IANS) Japan began releasing 30 days’ worth of oil from state reserves on Thursday to cushion the impact of the West Asia conflict on its economy, as concerns over supply mount and oil prices soar, local media reported.The move came after the country started drawing down 15 days’ worth of oil from private-sector stockpiles last Monday, reports Xinhua news agencyThe government plans to sell a total of about 8.5 million kiloliters of oil from 11 storage bases across the country, ac…