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Oil Slips below $49 as Rising Supply Trumps Hopes for Producer Action

By Alex Lawler Oil fell below $49 a barrel on Tuesday, giving up part of August’s strong rally, as signs of rising supply outweighed hopes that producing nations will agree.

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Ghana Expects Steady Oil Output in 2016

As Tullow Oil Jubilee Field’s output increases, Ghana’s oil output is expected to average 110,000 barrels per day in 2016, similar to last year. Chief Director, Ministry of Petroleum Ghana.

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