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Live News REGULATION ARTICLE M impact

US to Release 315,000 Barrels of Heating Oil From Strategic Reserve

The Trump administration said it will release 315,000 barrels of ultra-low sulfur distillate from the Northeast Home Heating Oil Reserve to lower prices this winter. The volume is about a third of reserve inventories.

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The Trump administration said it plans to release 315000 barrels of ultra-low sulfur distillate from the Northeast Home Heating Oil Reserve to help lower prices this winter. The planned release represents about a third of the reserve’s inventories. It will be conducted on an…