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View Full Version : Net oil revenue of OPEC in 2016 was the lowest since 2004



Investors Iraq News
05-24-2017, 12:34 PM
Net oil revenue of OPEC in 2016 was the lowest since 2004

Around $433 billion as net oil export revenue has been earned by the members of the Organization of the Petroleum Exporting Countries (OPEC) in the year of 2016. The revenue is the lowest since 2004. In 2015, oil revenue was 15% higher than 2016 revenue.

Source: IraqDirectory.com (http://iraqdirectory.com/en/2017/05/24/30764/net-oil-revenue-of-opec-in-2016-was-the-lowest-since-2004.aspx)

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