VOL. XLIV

No 52

24/31-December-2001

OPEC

OPEC Revenues Could Fall By 19% In2001 Says EIA

OPEC oil revenues for the year 2001 are expected tofall by around 19% to $197bn, according to the US Department of Energys EnergyInformation Administration (EIA), or 10% less than the EIAs earlier forecast.In its latest OPEC Revenues Fact Sheet, December, the EIA estimates thatnet OPEC oil export revenues will fall a further 14% to around $169bn in 2002 30% lower than in 2000. As a result of this drop-off,...