Sentences with phrase «considerable oil wealth»

That is due in part to the considerable oil wealth that characterizes countries throughout the region; although lower oil prices in the last two years have significantly impacted fiscal revenues, particularly in the larger more - oil - dependent economies such as Saudi Arabia.

Not exact matches

The OPEC countries were able to obtain a considerable share of the wealth of the world by combining to raise the price of their oil exports.
«Oil palm's considerable profitability offers wealth and development where wealth and development are needed — but also threatens traditional livelihoods.
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