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U.S. sees OPEC’s 2009 oil exports back over $400 billion

Posted on 12 February 2009

From Reuters: The prospect for higher crude oil prices later in the year will boost OPEC’s oil export revenues above $400 billion for 2009, the U.S. government’s top energy forecasting agency said on Wednesday.

The U.S. Energy Information Administration revised up its estimate for OPEC’s oil export earnings for this year to $402 billion, about $15 billion more than the agency forecast last month….. Full Article: Source


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