OPEC Countries Losing Over $500 Million a Day in Revenue in Oil Price Crash, Show Estimates
For the most part, oil is a top income source for OPEC members and such a dramatic fall in prices will put a strain on their economies, some of which such as Iran and Venezuela, are already on the brink.
London: With oil erasing over a third of its value this week after a messy breakup of the OPEC+ alliance, members of the Organization of the Petroleum Exporting Countries (OPEC) were bleeding over half a billion dollars a day in lost revenue, according to Reu
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