January
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Organization Of The Petroleum Exporting Countries
Organization of the Petroleum Exporting Countries Trackbacks (0)OPEC Revenues Fact Sheet
Source: Energy Information Administration (EIA)
EIA estimates that members of the Organization of the Petroleum Exporting Countries (OPEC) earned $675 billion in net oil export revenues in 2007, a 10 percent increase from 2006. Saudi Arabia earned the largest share of these earnings, $194 billion, representing 29 percent of total OPEC revenues. On a per-capita basis, OPEC net oil export earning reached $1,147, a 8 percent increase from 2006. Based on projections from the EIA January 2008 Short Term Energy Outlook (STEO), OPEC net oil export revenues could be $850 billion in 2008 and $783 billion in 2009.
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