Global Oil & Gas Profits
Estimated combined annual profits of the global oil and gas sector, strongly influenced by periods of high crude prices and supply shocks.
Since January 1st
Time Breakdown
$12,683.92
per second
$761,035.01
per minute
$45,662,100.46
per hour
$1.1B
per day
$400B
per year
How is this calculated?
// Annual amount
$400B
÷ 31,536,000 seconds/year
// Per second
= $12,683.92/sec
The counter starts from January 1st of the current year and accumulates at a rate of $12,683.92 every second, based on Global Oil & Gas Profits's estimated annual figure of $400B.
Methodology
Uses analyst estimates and aggregate profit reports for major oil and gas companies to form a rough annualized profit figure, then divides by seconds in a year.
While you were here
$0.00
While You Were on This Page
Data Sources
IEA, company earnings reports, analyst estimates
https://www.iea.org/Disclaimer
This is a very rough sector-wide profit approximation and should not be treated as an exact figure.
Frequently Asked Questions
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