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OPEC Consultation On Oil Market

And as Nigeria repositions its oil industry for growth the Organization of Petroleum Exporting Countries has continued extensive consultation in accelerating the re-balancing of the global oil market. The consultations driven by the OPEC Secretary General, Dr Muhammed Sanusi Barkindo are basically on strengthening the Algiers accord which has seen prices on average rebound by 14 percent since September 28th.

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And as Nigeria repositions its oil industry for growth the Organization of Petroleum Exporting Countries has continued extensive consultation in accelerating the re-balancing of the global oil market. The consultations driven by the OPEC Secretary General, Dr Muhammed Sanusi Barkindo are basically on strengthening the Algiers accord which has seen prices on average rebound by 14 percent since September 28th.

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