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Reuters Photo Refinery workers stand in a basket at a distillation tower of the catalytic plant in Tula, Mexico on Nov. 21.

A new hope or false dawn for Mexico's oil refiners?

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TULA, Mexico — Mexico’s oil refining industry, saddled for years with bloated costs, chronic underinvestment and generous government fuel subsidies, ought to be on the verge of a bright new dawn.

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