Angola, Libya, and Iran led the pack among OPEC members when comparing GDP figures from before and after the group’s production agreement, data show. Economists at the Organization of Petroleum Exporting Countries published their annual statistical bulletin on Thursday. Reported as gross domestic product at current market prices, data show total member-state gains of 1.9 percent when comparing 2015 against 2017. OPEC in late 2016 enacted policies to curtail production in an effort to drain the surplus on the five-year average for crude oil inventories held by the world’s leading economies. Now in its second year, the effort has helped pull crude oil prices from record lows of below $30 per barrel in early 2016. Brent, […]