Crude oil output likely to go up

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Mon, Mar 16, 2009
Oil Market News
Post by Mike Rodger, Oil Reporter

The Centre for Monitoring Indian Economy reported that crude oil output is likely to climb by 4.8 per cent touching 36.14 million tonnes in the next fiscal, riding on the back of oil production by Reliance Industries from its KG D6 wells coupled with capacity addition by other private and joint venture firms.

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