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2019-08-23 11:15:00

OPEC EXPORT REVENUES $711 BLN

OPEC EXPORT REVENUES $711 BLN

U.S. EIA - The U.S. Energy Information Administration (EIA) estimates that members of the Organization of the Petroleum Exporting Countries (OPEC) earned almost $711 billion in net oil export revenues in 2018 (Figure 1). The estimate is up 29% from 2017, but about 40% lower than the record high of almost $1,200 billion in 2012. The 2018 earnings increase is mainly a result of higher crude oil prices. The Brent spot price rose from an annual average of $54 per barrel (b) in 2017 to $71/b in 2018. However, EIA forecasts annual OPEC net oil export revenues will decline to $593 billion in 2019 and to $556 billion in 2020. Decreasing…

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OPEC EXPORT REVENUES $711 BLN
2019, August, 9, 13:10:00
ARAMCO STABILIZE OIL MARKET
Saudi Aramco will cut customer allocations across all regions by a total of 700,000 barrels a day next month,
OPEC EXPORT REVENUES $711 BLN
2019, August, 7, 12:15:00
OPEC OIL PRODUCTION 29.88 MBD
OPEC saw output slide to 29.88 million b/d last month, a fall of 210,000 b/d from June, despite output gains by six of its members
OPEC EXPORT REVENUES $711 BLN
2019, August, 6, 12:40:00
U.S., UK CAN CLOSE HORMUZ
The UK's Royal Navy will work with the US to assure the security of merchant vessels in the Strait of Hormuz, the Ministry of Defence said.
OPEC EXPORT REVENUES $711 BLN
2019, August, 5, 13:40:00
ДИАЛОГ САУДОВСКОЙ АРАВИИ И РОССИИ
Россия высоко ценит сложившийся с Саудовской Аравией диалог и считает необходимым продолжать столь интенсивное взаимодействие, отметил Александр Новак в рамках встречи.
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Tags: OPEC, REVENUE, EXPORT
Chronicle:
OPEC EXPORT REVENUES $711 BLN
2019, September, 23, 14:00:00
U.S. PETROLEUM DEMAND 21.5 MBD
Total U.S. petroleum demand of 21.5 mb/d was highest for any month since August 2005; Improved infrastructure helped increase supply and lower prices; Highest U.S. petroleum exports (8.1 mb/d) for the month of August; and Total inventories increased year-on-year for the ninth consecutive month.
OPEC EXPORT REVENUES $711 BLN
2019, September, 23, 13:55:00
DUBAI: THE 8TH POSITION OF GFCI
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OPEC EXPORT REVENUES $711 BLN
2019, September, 23, 13:50:00
UAE GDP WILL UP 2.4%
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OPEC EXPORT REVENUES $711 BLN
2019, September, 23, 13:45:00
ROSNEFT INVESTMENT FOR INDIA
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OPEC EXPORT REVENUES $711 BLN
2019, September, 23, 13:40:00
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OPEC EXPORT REVENUES $711 BLN
2019, September, 20, 15:45:00
OIL PRICE: NEAR $64
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OPEC EXPORT REVENUES $711 BLN
2019, September, 20, 15:30:00
GLOBAL OIL, GAS FINANCES DOWN
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