VOL. XLIII

No. 11

13-March-2000

OPEC

OPEC Countries Earned $133Bn In Oil Export Revenues In 1999 According To EIA

The latest report on oil revenues by the US Energy Information Administration (EIA), issued this month, projects that OPEC oil export revenues for this year could reach $211.5bn (see table below) a 59% increase over the previous year (which had already recorded a 34% rise over 1998). According to the report, OPEC oil revenues are now "the highest (in real terms) since 1984 (and in...