The Japanese government does not rule out the possibility of releasing its own oil reserves.

Golden Ten Data, March 11 — According to Japan's Kyodo News, Japanese Minister of Economy, Trade and Industry Akazawa Ryo Masa stated during a parliamentary committee meeting on Wednesday, in response to questions from lawmakers, that the Japanese government has not ruled out the possibility of "independently" releasing national oil reserves, rather than as part of a coordinated action. He added: "We will take all possible measures to ensure the stability of energy supply." As of the end of December, Japan's total oil reserves could meet domestic consumption for 254 days, of which 146 days' worth is owned by the government, 101 days' worth is held by the private sector, and the remaining portion is jointly stored with oil-producing countries.