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Opec revenues hit $649bn in 2006
- Wednesday, August 01 - 2007 at 07:20
An Opec report showed the group's oil and gas export revenue grew 22% to a record $649bn in 2006, Reuters reports. Saudi Arabia made $194bn from petroleum exports, including crude oil, condensates and natural gas liquids - a rise of 20% - according to Opec's Annual Statistical Bulletin. US oil prices reached a record high $78.40 in July 2006, a figure which is also being threatened this year.
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James McInerney, News EditorWednesday, August 01 - 2007 at 07:20 UAE local time (GMT+4)
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