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In India, mutual funds aren't just a buzzword but a new-age investment mantra. With people from varied financial backgrounds showing interest, mutual funds are undoubtedly the talk of the town.
Oil Weekly Performance: "The main thing was concern about diesel prices, the diesel crack spread and worries about diesel shortages when refineries go into maintenance," said Phil Flynn, an analyst at Price Futures Group. He added prices also drew support from a fire at a Louisiana refinery and a drop in U.S. oil rigs.