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Swiss Government to Release More Oil Products from Early October

OIL PRODUCTS

The Swiss government will release gasoline, diesel, heating oil and kerosene from its strategic reserves from October 3.

  • The government has already twice released domestic reserves to deal with product shortages blamed on logistical problems and low Rhine water levels this summer.
  • As well as releasing product stocks, it also recommended companies that can switch to using heating oil from natural gas do so from October 1 to help with Europe’s gas crisis ahead of colder months.

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