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(Tue, 20 Aug 2019) The U.S. Energy Information Administration (EIA) estimates that members of the Organization of the Petroleum Exporting Countries (OPEC) earned almost $711 billion in net oil export revenue in 2018; however, EIA forecasts annual OPEC net oil export revenue will decline to $593 billion in 2019 and to $556 billion in 2020 as a result of decreasing production among a number of OPEC producers.