According to the International Energy Agency, Opec, the oil producers’ cartel, will reap $1 trillion in export revenues this year for the first time if crude prices remain above $100 a barrel.
Civil uprisings in the Middle East and North Africa have caused prices and OPEC revenues to soar.
Opec set for $1 Trillion in export revenues
According to the International Energy Agency, Opec, the oil producers’ cartel, will reap $1 trillion in export revenues this year for the first time if crude prices remain above $100 a barrel.
Civil uprisings in the Middle East and North Africa have caused prices and OPEC revenues to soar.