Saudi oil revenues to hit $260bn in '08
- Saudi Arabia: Wednesday, May 07 - 2008 at 10:44
Saudi Arabia's oil revenue is expected to reach $260bn this year, or nearly $70m per day, reported Khaleej Times citing a study by Jadwa Investment. During the 1990s, the kingdom's average revenue was $43bn per year, the report said. Total exports are now projected at $290bn, compared with just $39bn in 1998.
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Jeff Florian, Senior Reporter



