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Estimated total profits of the oil and gas industry worldwide from 1970 to 2020 (in trillion U.S. dollars)

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Sources

Release date

July 2022

Region

Worldwide

Survey time period

1970 to 2020

Citation formats

Global oil and gas industry earnings 1970-2020

Published by
Doris Dokua Sasu,
Oct 11, 2022
The oil and gas industry has brought in over a trillion U.S. dollars in annual profits for much of the past decade. Despite a decrease in 2020 when the coronavirus pandemic reduced fuel demand, oil & gas profits have remained high. A peak of over ** U.S. dollars was reported in 2008, 2011 and 2012. The figures reflect profits less costs of production and translate into * U.S. dollars of daily profits over the past 50 years.
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* For commercial use only

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Access limited to Free Statistics. Premium Statistics are not included.
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