Exclusives

‘IEA warns oil market could ‘drown in oversupply’

by Anjli Raval, Oil and Gas Correspondent

January 19, 2016 | 1:54 pm
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The oil market “could drown in oversupply” as a ramp up in Iranian output offsets production cuts elsewhere, threatening a further price collapse, the world’s leading energy forecaster said on Tuesday. In a stark assessment of the challenges facing the global oil industry, the International Energy Agency warned of an overhang of at least 1m…

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by Anjli Raval, Oil and Gas Correspondent

January 19, 2016 | 1:54 pm
  |     |     |   Start Conversation

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Analysis
Why hotel room rates may not reach the $300 mark soon

Why hotel room rates may not reach the $300 mark soon

With a seeming scramble for market share by international brands, the Nigerian hotel market is truly burgeoning. The market features...


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