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The World Bank has raised its forecast on crude oil prices as members of the Organisation of the Petroleum Exporting Countries (OPEC) appear headed to agree to limit production.
In its latest Commodities Market Outlook, the bank is projecting a modest recovery of prices to $55 (Sh5, 575) a barrel, up from an average of $43 (Sh4,372), as the market re-balances and Opec ends a long period of unrestrained output.
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