13 Jul 2026

03:08

  • Bitumen 60/70

    414$

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    -

    15$

    FOB Bandar Abbas - New Steel Drum

    -1.2%

  • Bitumen 60/70

    414$

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    15$

    FOB Bandar Abbas - New Steel Drum

    -1.2%

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    394$

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    FOB Bandar Abbas - Jumbo Bag

    -1.3%

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    FOB Bandar Abbas - Flexitank

    6.2%

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    405$

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    -1.2%

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    406$

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    15$

    FOB Bandar Abbas - New Steel Drum

    -1.2%

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    408$

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    15$

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    -1.2%

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    409$

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    -1.2%

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    408$

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    -1.2%

  • Bitumen AH70

    398$

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    15$

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    -1.2%

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    586$

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    15$

    FOB Bandar Abbas - New Steel Drum

    -0.8%

  • Bitumen 200/300

    404$

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    15$

    FOB Bandar Abbas - New Steel Drum

    -1.2%

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    368$

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    15$

    FOB Bandar Abbas - Carton 25KG

    -1.3%

  • Bitumen Oxidized 105/15

    368$

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    15$

    FOB Bandar Abbas - Carton 25KG

    -1.3%

  • Bitumen Oxidized 85/25

    370$

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    15$

    FOB Bandar Abbas - Carton 25KG

    -1.3%

  • Bitumen Oxidized 95/25

    370$

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    15$

    FOB Bandar Abbas - Carton 25KG

    -1.3%

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    552$

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    FOB Bandar Abbas - Reconditioned Drum

    -0.9%

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    552$

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    595$

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    15$

    FOB Bandar Abbas - Reconditioned Drum

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    621$

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    FOB Bandar Abbas - Reconditioned Drum

    -0.8%

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    592$

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    15$

    FOB Bandar Abbas - Reconditioned Drum

    -0.8%

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    388$

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    5$

    FOB Bandar Abbas - Bulk

    0.5%

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    382$

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    5$

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    449$

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    0.9%

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    443$

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    0.9%

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    Texas - Bulk

    1.8%

  • Crude Oil Brent

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    London - Bulk

    1.9%

Home Blog Japan Urges IEA to Prepare for Second Emergency Oil Release

Japan Urges IEA to Prepare for Second Emergency Oil Release

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Update date: 2026/03/25

Japan’s Prime Minister Sanae Takaichi on Wednesday asked the head of the International Energy Agency (IEA) to be ready for an additional release of oil stocks from reserves if it is necessary.  The IEA two weeks ago launched the biggest coordinated emergency stocks release, of over 400 million barrels, since it was created in the 1970s.  As part of this release, the U.S. has moved to release 172.2 million barrels from the U.S. Strategic Petroleum Reserve (SPR), and Japan early this week began preparations to start releasing crude…

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