EIA: OPEC Could Earn $750B of Net Oil Export Revenues in 2010

Based on projections from the EIA November 2009 Short-Term Energy Outlook (STEO), members of the Organization of the Petroleum Exporting Countries (OPEC) could earn $576 billion of net oil export revenues in 2009 and $750 billion in 2010.

Last year, OPEC earned $966 billion in net oil export revenues, a 42 percent increase from 2007. Saudi Arabia earned the largest share of these earnings, $285 billion, representing 30 percent of total OPEC revenues. On a per-capita basis, OPEC net oil export earning reached $2,676 in 2008, a 40 percent increase from 2007.

 

 

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Manager Gas Supply
Expertise: Asset Management|Business Development|Purchasing
Location: Midland, TX
 
Land Specialist Job
Expertise: Energy / Commodity Trading|Landman
Location: Oklahoma City, OK
 
Category Manager Job
Expertise: Project Management|Supply Chain Management
Location: Minneapolis, MN
 
search for more jobs

Brent Crude Oil : $46.65/BBL 1.78%
Light Crude Oil : $44.24/BBL 1.98%
Natural Gas : $3.04/MMBtu 0.33%
Updated in last 24 hours