OPEC

Nigeria,other OPEC members Earn Lowest Oil Revenues in Over A Decade

A new report by the U.S. Energy Information Administration estimates that members of the Organization of Petroleum Exporting Countries (OPEC) earned $404 billion in net oil export revenue in 2015…

 
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Chart: Among Battered Oil Currencies, Nigeria’s Is Biggest Loser

Oil currencies have been hammered since crude prices crashed in mid-2014, and none more so than Nigeria’s naira. It’s lost almost half its value against the dollar, the most among…

 
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