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October 14, 2000 | Reuters
Four companies have agreed to temporarily halt exports of heating oil from the U.S. because of low supplies, Energy Secretary Bill Richardson said. Shell Oil Co., Amerada Hess Corp., Motiva Enterprises and Equiva Trading Co., which represent less than 10% of U.S. refining capacity, voluntarily agreed to keep their heating oil in the U.S. "based on the current market situation," Richardson said. Heating oil for November delivery fell 6.12 cents, or 5.7%, to $1.
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BUSINESS
October 14, 2000 | Reuters
Four companies have agreed to temporarily halt exports of heating oil from the U.S. because of low supplies, Energy Secretary Bill Richardson said. Shell Oil Co., Amerada Hess Corp., Motiva Enterprises and Equiva Trading Co., which represent less than 10% of U.S. refining capacity, voluntarily agreed to keep their heating oil in the U.S. "based on the current market situation," Richardson said. Heating oil for November delivery fell 6.12 cents, or 5.7%, to $1.
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