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Stop subsidised diesel to commercial users, say oil companies

Sujay Mehdudia NEW DELHI: Faced with the constant pressure of rising crude oil prices in the international market that touched $140 a barrel on Monday, Oil Marketing Companies (OMCs) have proposed to the Petroleum Ministry that the supply of subsidised diesel to commercial users, including hospitals, hotels, shopping malls and even major power plants across the country, be stopped. Informed sources said a review of the supply chain of petrol and diesel was carried out by the Petroleum and Natural Gas Ministry along with OMCs recently and the issue came up for discussion.

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