Energy
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$24b Oil Revenues

$24b Oil Revenues
$24b Oil Revenues

Venezuela may have failed to collect about a third of its potential oil revenue in 2014, a Reuters analysis suggested. The OPEC member nation likely realized just over $50 billion in oil revenue, while depriving itself of about $24 billion in oil revenue last year as a result of generous cooperation agreements and imports of crude oil and various products to allied nations.

 

Financialtribune.com