United Kingdom

Revenue Minus Production Cost Of Oil

0.49
percent of GDP
Dec 70Dec 73Dec 77Dec 80Dec 85Dec 88Dec 91Dec 96Dec 00Dec 03Dec 06Dec 09Dec 13Dec 16Dec 190.0000.6001.2001.8002.400
  • United Kingdom
  • Global Median
Source: IMF

Definition of Revenue Minus Production Cost Of Oil

Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.

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