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Published On: Thu, Dec 19th, 2013

Alison-Madueke keen to see impact of US shale oil, gas boom on OPEC

Nigeria has been particularly affected by the dramatic increase in US production of shale oil, which is also known as light, tight oil and with which exporters of light sweet crude are now having to compete in the US market. In its annual World Oil Outlook last month, OPEC said it expected demand for crude…

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