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据 is used at the beginning of a sentence to introduce the source of information, meaning "according to". It is very common in news and formal written Chinese.
"据日本经济产业省周二的声明，日本将从3月26日起释放约一个月用量的国家原油储备。"
从……起 is used to indicate the starting point in time, meaning "starting from" or "beginning on". It often appears with dates or times.
"日本将从3月26日起释放约一个月用量的国家原油储备。"
约 means "approximately" or "about" and is placed before numbers and measure words to show an estimate. It is common in formal and written contexts.
"日本将从3月26日起释放约一个月用量的国家原油储备。"
"将释放约850万千升石油，价值约5400亿日元（34亿美元）。"
由 introduces the agent or responsible party, similar to "by" in English. In formal writing, it often shows who performs an action or who receives/handles something.
"将由Eneos株式会社、出光兴产株式会社、Cosmo石油株式会社和太阳石油株式会社接收。"
价值 is used as a verb in formal Chinese to mean "to be worth" or "to have a value of". It is often followed by an amount of money.
"将释放约850万千升石油，价值约5400亿日元（34亿美元）。"
pact
to checkmate
oil
to discharge
(bound form) bull's-eye; target
to promote; to elevate
CL:個|个[ge4]
to store up
month
statement
to follow
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