Opec producers' oil revenues topped the unprecedented US$1 trillion (Dh3.67tn) mark last year as the price of oil averaged above $100 a barrel for the first time.
But last year's windfall contrasts with a current slump in oil prices, which brought the cost per barrel to an 18-month low yesterday.
Oil receipts surged to $1.03tnlast year, an increase of 39 per cent on the year before, Opec said in its annual report released this week.
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