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Divided OPEC maintains oil output level

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OPEC left its oil output target unchanged on Wednesday, a decision that sent crude prices shooting higher on global markets and exposed deep divisions in the cartel amid calls for a hike in quotas.

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Cairn forced to cap oil output

Nov. 21: Cairn India has been forced to cap oil production from its Rajasthan fields as the government is delaying approval for plans to raise output by 20 per cent ostensibly because of its standoff

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