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How can diesel cost less than furnace oil?

Costing less than furnace oil, current diesel prices are an anomaly that needs urgent correction. The extent of the absurdity is highlighted by the fact that in recent times many factories have switched to the `cheaper' diesel as substitute for furnace oil, which used to be the cheapest among crude oil distillates some years back.

first published: May 25, 2012 10:51 am

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