18.12.2014 - Opec's 2015 oil revenues to slump to $446bn - EIA
The amount Opec countries, excluding Iran, earn from net oil revenues next year is set to tumble to levels not seen for a decade as the dramatic slide in prices shows no signs of relenting. Forecasts from the US Energy Information Administration - the wealthy nations' energy watchdog - suggests revenue from oil exports next year will dip to $446bn - down 46 per cent on 2013's income - as Brent crude is projected to average just $68 a barrel in 2015, compared to $109 a barrel last year...........................................Full Article: Source
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