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Energy Dept to loan part of home heating oil reserve to ease prices, drawing bipartisan praise

Source: foxbusiness.com

Energy Markets & PricesCommodities & Raw Materials
Energy Dept to loan part of home heating oil reserve to ease prices, drawing bipartisan praise

The DOE plans to loan up to 315,000 barrels of fuel oil from the Northeast Home Heating Oil Reserve to ease heating oil prices amid global supply disruptions. The announcement indicates a targeted supply measure; the article does not report actual price movements or the timing of the loans.

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