The supply will then become available to the winning bidders on 20 July or later, according to a statement by the Japanese industry ministry. Well, that's roughly like what? Slightly less than one-and-a-half days worth of Japan's oil consumption? "Flood".
Japan to hold auction to sell 4.7 mil bpd of oil from its national reserve on 10 June
- This is part of a release coordinated by the IEA
