| From Tehrantimes.com: Despite the grim oil market outlook that trailed the global economic recession, recovering oil prices is giving hope to the prediction that revenue receipts from export of crude oil will boost support for fiscal projections by the members of the Organization of petroleum Exporting Countries (OPEC).
Oil prices closed last week on a strong note as the commodity touched $83 per barrel for the first time in 15 months and opened this at $84 per barrel, confirming forecasts by the Energy Information Administration (EIA) of the United States of America that the exporters’ club could rake up about $750 billion this year........................................Full Article: Source
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