Incredible Profits for Oil-Rich Nations

Oil-exporters daily profit: $7bn

Annual Profit: $2.5 trillion (Over Rs.1 “crore” crore) !

Value of oil reserves of exporters: $140 trillion

Market cap of all listed companies in the world: $50 trillion (This means by using 33% of their oil-wealth,exporters can completely buy out all the companies in the world !)

Global annual GDP: $60 trillion

Total proven oil reserves: About 1 trillion barrals

Global production: 30 billion barrels a year

Source: Morgan Stanley,Barron’s

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