(EnergyAsia, August 17 2010, Tuesday) — The US Energy Information Administration (EIA) has forecast higher oil prices to boost OPEC’s oil export revenue by 31.7% this year to US$752 billion, and by a further 9.2% to a new high US$821 billion in 2011. The cartel’s export revenues reached US$276 billion for the first seven months…
MARKET: EIA predicts OPEC oil export revenue to rise by nearly a third this year
Posted on August 16, 2010 by EnergyAsia