Oil prices: More concerns trail OPEC’s no-cut strategy

April 15, 2015 9:35 AM

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With the growing concerns about the Organisation of Petroleum Exporting Countries (OPEC) strategy of holding output steady amid plunging prices, the cartel may be divided ahead of its next meeting in June.

Petroleum experts in Nigeria, including the former Minister of Petroleum, Odein Ajomogobia had recently bemoaned the ‘inactions’ of OPEC on the prevailing crude prices.

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