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Emmanuel
Ibe Kachikwu, pictured on June 2, 2016, will step down as group managing
director of the Nigerian National Petroleum Corporation but continue as
chairman ©Joe Klamar (AFP)
|
Oil prices fell on
Tuesday, with Brent dropping back below U.S.$50 per barrel as economic concerns
took centre stage with many analysts saying crude demand will stall later this
year.
