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Oil market closer to balance, despite U.S. boom

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Oil market closer to balance, despite U.S. boom NEW YORK (Bloomberg) --   The global oil market is moving closer to balance even as increases in U.S. oil production push prices down in the short-term, Saudi Arabian Oil Co. CEO Amin Nasser said. “This is not a good indication of where the market is likely to be headed going forward, as the large new production capacity and investment we will need in the future are lagging,” Nasser said during an event at Columbia University in New York Friday. “While the short-term market is pointing to a surplus of oil, the supply required in the coming years is falling behind.” Many indicators are pointing to a more balanced market, Nasser said. The combined inventories of countries in the Organization for Economic Cooperation and Development are flattening and poised to drop, among other signs that the market is tightening, he said. Saudi Arabia, the Organization of Petroleum Exporting Countries’ biggest producer, is cutti...
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The twin Ewe Heros (Torgbui Tsala alias Okomfo kye and Torgbui Tsali)

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Komfo Anokye an ewe? Tsali and Tsala (alias Okomfo kye) were twin brothers. Their father was Togbui Akplormada. These brothers were mysteriously endowed with potent spiritual powers. Tsala, who later became known as Okomfo Anokye, left Notsie on his sojourn at a youthful age, and finally settled at Awukugua in present day Eastern Region. Because of his spiritual powers, he became known as Okomfo Notsie (in Ewe language, Notsie Hunor) or Notsie priest. In Anlo oral history, we learnt Tsala (Okomfo Anokye) returned to Notsie around 1695 to consult with his brother Tsali before accepting the invitation of King Osei Tutu of Ashanti to help establish his kingdom (Ashanti Kingdom). During the reign of King Opoku Ware, a war broke out around 1746, Tsala (Okomfo Anokye) sought permission from the king to visit his twin brother Tsali at Keteklebi (Fiaxor) to celebrate and fortify himself at the annual Dzawuwu celeb...
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