Weekly MENA Newsletter will be delivered to your email in PDF format every Friday (52 Issues per Year).
*The US government’s EIA says that Opec net oil export revenues (excluding Iran) fell to $730bn in 2014 and will fall by a further 48% to $380bn this year.
*Extrapolating the EIA’s Jan-Feb ’15 number gives an even lower 2015 figure: $355bn.
*For 2016, the EIA expects OPEC revenue to bounce back to $515bn, as crude oil prices rebound.
OPEC NET OIL EXPORT REVENUE ($BN, NOMINAL)*
DATA INSIDE THIS ARTICLE
|table||OPEC Net Oil Export Revenues ($B, Nominal)|