At 30.05 MMBOPD, OPEC member countries are today realizing approximately $1.453 billion less (using a WTI price) in gross revenue per day than they did six months ago. Since Saudi Arabia announced its decision back on November 27, 2014, to hold its production flat on a go-forward basis, citing the reason as a demand problem not a supply problem, OPEC countries have issued separate warnings about the negative impact a lower crude oil barrel would have on their economies.
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