Nournews: The Organization of the Petroleum Exporting Countries (OPEC), in its latest report, announced that the total oil income of the organization’s 12 member states reached $619 billion in 2025, marking a decline of $32 billion compared to the $651 billion recorded in 2024. As a result, OPEC’s oil income has shown a downward trend for the third consecutive year.
According to the report, the oil income of OPEC member states declined from $828 billion in 2022 to $678 billion in 2023, then to $651 billion in 2024, and finally to $619 billion in 2025.
Meanwhile, Iran’s oil income, despite severe U.S. sanctions and the return of the maximum pressure policy, has not experienced a significant decline. Iran earned approximately $45.335 billion from oil exports in 2025, compared to about $46.776 billion in 2024. Therefore, Iran’s oil income declined by only around $1.4 billion.
The OPEC report also shows that Iran’s oil income has generally followed an upward trend in recent years. The country’s oil revenue in 2025 was about $20 billion higher than in 2021. With a share of more than 7 percent of total OPEC oil income, Iran ranks sixth among member states with the highest oil revenues.
Saudi Arabia recorded the highest oil income at $213 billion, followed by Iraq with $88 billion. The UAE ranked third with $73 billion, followed by Kuwait with $61 billion and Nigeria with $54 billion, respectively.