Japanese shares rise as oil supply concern eases
Wednesday, March 11, 2026       07:52 WIB

Japan's Nikkei share average rose on Wednesday as concerns over oil supply disruption eased following a report that the International Energy Agency has proposed the largest release of oil reserves in its history.
The Nikkei jumped 1.8% to 55,237.64 as of 0035 GMT, while the broader Topix climbed 1.6% to 3,720.99..
The oil market remains in focus after sharp swings, with investors looking for guidance on the direction of equities.
The Wall Street Journal reported the IEA's proposed release would exceed the 182 million barrels of oil that IEA member countries had put onto the market in two releases in 2022.
Brent futures LCOc1 were trading down 23 cents, or 0.26% lower, at $87.57 a barrel at 0023 GMT. U.S. West Texas Intermediate (WTI) CLc1 lost 37 cents, or 0.44%, to trade at $83.08 a barrel.
There were 213 advancers on the Nikkei index against 12 decliners.

Sumber : Reuters

powered by: IPOTNEWS.COM