OPEC oil revenues plunge to lowest in decadeStaff writer ▼ | June 23, 2016
The Organization of Petroleum Exporting Countries or OPEC's 2015 petroleum export revenues plunged 46 percent, primarily reflecting the collapse in crude prices. The revenues for 2015 dropped to a 10-year low.
Oil production OPEC earned $518.2 billion in 2015
OPEC's 13 members posted a combined deficit of $99.6 billion in 2015, compared wit a surplus of $238.1 billion in 2014. ■