Thu, Oct 23, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Moves, Oil more

OPEC oil revenue to decline from 2012’s record high: EIA

Posted on 24 July 2013

OPEC, excluding Iran, made $982 billion from exporting oil in 2012, the most in 38 years of data, the US Energy Information Administration (EIA) reported Monday. It forecast that sales will drop in 2013 and 2014.
Net oil export revenue by the 12-member organization climbed 5.4 percent last year from 2011, according to the EIA, the Energy Department’s statistical arm. Sales will tumble by 4.3 percent to $940 billion this year and by 3.9 percent to $903 billion next year, the agency said………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37608 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031