2 Attachment(s) At first look, OPEC's cuts have not worked -- worldwide oil inventories remain well above typical amounts. Where it really counts: juicing the coffers of finance ministries from Baghdad to Caracas, however, the plan created a huge difference.

The resurgent flow of petro dollars describes why Saudi Arabia and Russia have mostly persuaded everyone in the offer to to give the creation cuts still another nine months to the end of March 2018.

Make no mistake, it's really all about oil revenues, stated Bhushan Bahree, a senior director at advisor IHS Markit. The bottom line for oil producers commences, unsurprisingly, having a dollar sign and leads to billions.At first look, OPEC's cuts have not worked -- worldwide oil inventories remain well above typical amounts. Where it really counts: juicing the coffers of finance ministries from Baghdad to Caracas, however, the plan created a huge difference.

The resurgent flow of petro dollars describes why Saudi Arabia and Russia have mostly persuaded everyone in the offer to to give the creation cuts still another nine months to the end of March 2018.

Make no mistake, it's really all about oil revenues, stated Bhushan Bahree, a senior director at advisor IHS Markit. The bottom line for oil producers commences, unsurprisingly, having leads to billions and a dollar sign.