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OPEC Revenues Fact Sheet - July 2013

EIA estimates that Organization of the Petroleum Exporting Countries (OPEC), not including Iran, earned about $982 billion in net oil export revenues in 2012, a 5-percent increase from 2011, and the largest level over the 1975-2012 period for which EIA tracks OPEC oil revenues. Saudi Arabia earned the largest share of these earnings, $311 billion in 2012, representing approximately 32 percent of total OPEC revenues.

 

For more information, visit http://www.eia.gov/countries/regions-topics.cfm?fips=OPEC&trk=c

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