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US gasoline futures fell to around $3.10 per gallon, reaching a seven-week low as hopes of Russia-Ukraine diplomatic negotiations offset concerns over a persistently tight fuel market. Russia has agreed to resume trilateral talks with the US and Ukraine on a potential peace deal which could increase fuel supplies in gl
The Department of Energy said the Trump administration is offering to loan up to nearly a third of the 1-million-barrel US emergency heating oil reserve to tame surging prices.
The Department of Energy said the administration is offering to loan up to nearly a third of the 1-million-barrel reserve to tame prices.