IMF expects $500 billion revenue loss for Middle East oil producers

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<p>‘The I ter atio al Mo etary F (IMF) o Mo ay sai that oil exporters i the Mi le East ha lost $390 billio i reve e e to lower oil prices i 2015, b t war e that they co l face eve worse losses this year.</p>
<p>The IMF i a report sai the reve e losses of the regio ’s oil exporters co l reach betwee $490 billio to $540 billio as oil prices are expecte to pl ge eeper.</p>
<p>The F ha projecte i October that oil exporti g co tries i the regio wo l see reve e losses of $360 billio i 2015, b t oil prices took a t mble by year’s e a the rop i reve e amo te to $30 billio more.’</p>
<p><a href="http://www.presstv.ir/Detail/2016/04/25/462533/IMF-expects-500b -reve e-loss-for-ME–/" target="_bla k">Rea more: IMF expects $500 billio reve e loss for Mi le East oil pro cers</a></p>