‘EIA: OPEC Earns Lowest Oil Revenues in Over A Decade’ @investorseurope #oil

An EIA report estimates that OPEC members earned $404 billion in export revenue in 2015, the lowest level in over a decade

Source: investorseurope.ooo

 » OPEC’s revenues have fallen with the drop in global oil prices over the past two years. Since the first major drop in June 2014 – before which Brent stood $112 dollars a barrel – prices have only recovered to $50.30. »

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