VOL. XLV

No 27

8-July-2002

OPEC

OPECs Export Revenue Falls21% in 2001, Says EIA

OPECs 2001 net oil export revenues are estimated to havefallen by 21% from 2000 levels to around $191.3bn, and for 2002 they areforecast at $177.7bn, or 27% below 2000 levels (see Table), according to theEnergy Information Administration (EIA) of the US Department of Energy in itsJune 2002 report. With the estimated declines, OPEC net oil export revenues inreal terms will return to the levels of the early- to...