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GCC oil revenues hit $465 bln in 2010

Posted on 04 January 2011

From Kuwaitsamachar.com: A fresh report published Sunday indicated that oil revenues of Gulf Cooperation Council (GCC) countries rose by 15.6 percent, the equivalent of 63 billion US dollars over the past year to reach $465 billion.
The report, issued by the Kuwait-based Diplomatic Center for Strategic Studies, conveyed that the average price of a barrel of oil rose to $75 for the first 10 months of 2010, compared to $59 a barrel for the year 2009……………………………………….Full Article: Source

 
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