LONDON, July 8 news, Organization of Petroleum Exporting Countries (OPEC) on July 8 in the published annual statistical bulletin OPEC said world oil prices as a result of last year and once reached a record high of 147.27 U.S. dollars a barrel, OPEC members last year from oil and gas exports was more than 10,000 billion dollars in revenue, an increase of 35%.
According to OPEC's annual statistical bulletin said, OPEC oil export revenues last year reached 1.007 trillion U.S. dollars, in 2007 more than 746 billion U.S. dollars of the 35 percent increase in OPEC oil export revenues last year, a record high.
U.S. benchmark crude oil futures prices in 2008 the average price of about 99 U.S. dollars per barrel, in 2007 more than 72 U.S. dollars per barrel increased by 27 U.S. dollars. The price of crude oil last year, once in July reached 147.27 U.S. dollars a barrel record high oil prices in December last year fell to about 40 U.S. dollars a barrel.
From 12 member countries (Indonesia left OPEC in the end of last year) the composition of the oil production of OPEC in world oil production accounted for about one-third, while OPEC's proven oil reserves account for about a total global proven oil reserves four-fifths.
Jul. 10, 2009
