
Beijing — China will release its oil reserves according to its needs, a foreign ministry spokesman said on Wednesday, adding that the country was in close communication with oil-producing and oil-consuming countries.
The United States said on Tuesday that it will release millions of barrels of oil from strategic reserves in coordination with China and other Asian nations.
- Reuters (Reporting by Yew Lun Tian. Writing by Dominique Patton; Editing by Himani Sarkar)
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