*Opec oil export revenues fell for the second consecutive year in 2024, as the steady drop in oil prices, despite voluntary production cuts from five members of the group, hit home. Out of the 12 Opec states, Venezuela, Iran, Nigeria and Equatorial Guinea registered revenue increases, with the first two exempt from production cuts.
*Halfway through 2025 and a third consecutive annual drop looks on the card. Revenues from key producers have started the year down on 2024 levels, and economic uncertainty stemming from US tariffs continues to cast a pall over the market. (CONTINUED - 160 WORDS)
