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EIA estimates OPEC net oil export revenues of US$433 billion for 2016

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World Pipelines,

The US Energy Information Administration (EIA) has estimated that the Organization of the Petroleum Exporting Countries (OPEC) raised net oil export revenues of approximately US$433 billion (unadjusted for inflation) in 2016. This revenue total is the lowest OPEC earnings since 2004.

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