Central Bank of Iran

OPEC Heads Of State Gather In Saudi Arabia

Opec countries’ oil export revenues¬†– excluding Iran – reached $982 billion last year, up by 5% over the previous year, according to Energy Information Administration estimates. This marks a record for EIA estimates covering the 1975-2012 time period, with Saudi Arabia accounting for 32% of the total. But revenues are projected¬†to fall this year and… Keep reading →