Deposits by countries that receive dollar revenues from the sale of petroleum to other countries; the term commonly refers to OPEC deposits of dollars in the Eurocurrency market.
Refers to the forex reserves as a result of oil sold by oil producing nations.
Foreign exchange reserves of oil producing nations arising from oil sales.
Huge sums of money from oil-producing nations other than the United States or Great Britain.
Hard currency, principally U.S. Dollars, earned by developing nations production and sale of petroleum.