Home > business and economics, energy, Energy Information Administration > OPEC Revenues Fact Sheet — April 2012

OPEC Revenues Fact Sheet — April 2012

April 18, 2012

OPEC Revenues Fact Sheet — April 2012
Source: Energy Information Administration

Based on projections from the EIA April 2012 Short-Term Energy Outlook (STEO), members of the Organization of the Petroleum Exporting Countries (OPEC) could earn an estimated $1,171 billion of net oil export revenues in 2012 and $1,133 billion in 2013. Last year, OPEC earned $1,026 billion in net oil export revenues, a 33 percent increase from 2010. Saudi Arabia earned the largest share of these earnings, $312 billion, representing 30 percent of total OPEC revenues. On a per-capita basis, OPEC net oil export earnings reached $2,684 in 2011.

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Categories: business and economics, energy, Energy Information Administration
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