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States oil-revenues drop

Tuesday, August 9th, 2016 Category: Regulations & Policy
States oil-revenues drop

Low oil prices have made a difficult year for the oil industry. Recently the daily Express mentioned that the profit margin in the first half of the year was US$7.73 per barrel, 12.2% lower than last year (US$8.81 per barrel). The new is not a surprise due to oil price fluctuations.

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