11. Already the slowdown, along with lower oil revenues, has obliged the government to announce budget cuts. 12. Analysts doubt that the labor ministry will grant them permission to strike because of the lost of oil revenue. 13. An increase in oil revenues and dollar based debt have brought in more dollars in the economy, prompting the Bank to buy dollars. 14. And his inefficient, socialist state and corrupt bureaucracy eat up much of his oil revenue. 15. And Pemex is considering a bond offer in which it will pledge its future oil revenues to pay off the principal and interest. 16. A rush of windfall oil revenue caused by rising international prices has allowed Venezuela to increase spending this year and still produce a fiscal surplus. 17. A price war, he acknowledged, could be damaging to OPEC members, whose economies are lopsidedly reliant on oil revenue. 18. A UN committee must authorize each Iraqi oil sale contract and each purchase made with oil revenue. 19. A UN committee must approve each Iraqi oil sale contract and each purchase made with oil revenue. 20. A UN committee must authorize all oil sale contracts, as well as purchases made with oil revenue. |