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Finance Minister Katayama, on the release of oil reserves: "To the most effective method" – Post-Cabinet Meeting Press Conference

NIKKEI QUICK·03/10/2026 00:03:00
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**Finance Minister Katayama: Oil Reserve Release Must Be Done in the Most Effective Way** Finance Minister Satsuki Katayama stated at a press conference following the morning cabinet meeting on the 10th that discussions regarding the release of oil reserves by the Group of Seven (G7) must be conducted with practical representatives, emphasizing that "we must ensure this is done in the most effective way." Regarding the recent decline in crude oil futures, she suggested, "The G7's unified message (on oil reserve releases) likely had an impact." *[Nikkei QUICK News (NQN)]*