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OEM Update

Surge in oil & gas output

November 30, 2009 10:31 am

Although the complete effects of the monetary and fiscal stimulus are yet to uplift the industry, there has been a surge in oil and gas output. However, there should be development in the world trade cycle that is likely to bring about an overall development in the sector. Therefore, this will not only aid the industry to maintain a stable position in the global market but will also help the manufacturing industry to reach new horizons.

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