Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $21,133
26%  
Woo hoo!! And we're now over 26%!! Thank you all very much!! God bless.

Keyword: oilrevenue

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  • Oil Crash Could Trigger Recession In Middle East

    03/09/2020 3:20:49 PM PDT · by bananaman22 · 30 replies
    Oilprice.com ^ | 03-09-2020 | Irina
    The oil price war that Saudi Arabia and Russia started will hurt the fiscal revenues of the oil producers in the Persian Gulf, including the Saudis, OPEC’s top producer and the world’s top oil exporter, according to credit rating agency Fitch. “The collapse in oil prices will clearly be seen in fiscal numbers for the Gulf,” Jan Friedrich, the senior sovereign analyst for the Middle East and Africa, said on Monday, as carried by Reuters.
  • ISIS Oil Revenues Down By Up To 90 Percent

    08/02/2016 1:00:43 PM PDT · by bananaman22 · 10 replies
    Oilprice.com ^ | 02-08-2016 | Ziggi
    Recent Iraqi military gains over the Islamic State have dried up oil revenues for the terrorist organization by up to 90 percent, according to a report by Iraqi News on Tuesday. Security sources from the ministry of oil said ISIS had been smuggling at least 50 vehicles full of oil everyday from oilfields in Qayyarah and Najma. The two sites stand south of Mosul—the largest ISIS stronghold and the third largest city in Iraq by population. But new offensives against the terrorist organization have reduced the smuggling rate to five vehicles a day. ISIS’ prices for the smuggled oil, which...