Tag Archives: Arabia

Saudi Arabia maintained crude oil market share in Asia in the first half of 2015

September 9, 2015 Source: U.S. Energy Information Administration, based on Global Trade Information Services and Apex In the first half of 2015, Saudi Arabia exported on average 4.4 million barrels per day (b/d) of crude oil to seven major trading partners in Asia, making up more than half of Saudi Arabia’s total crude oil exports […]

Saudi Arabia budget insulated from effects of lower oil prices

February 12, 2015 Source: U.S. Energy Information Administration, based on Bloomberg, International Monetary Fund Saudi Arabia is the largest exporter of crude oil and other petroleum liquids in the world, and their oil exports accounted for 89% of the country’s total revenue in 2014. The recent decline in global oil prices is decreasing the value […]

Saudi Arabia uses largest amount of crude oil for power generation since 2010

September 24, 2014 Source: U.S. Energy Information Administration, Saudi Arabia is one of a handful of countries that burn crude oil directly for power generation, according to the (JODI). During the summer, Saudi Arabia typically experiences an increase in electricity consumption as domestic demand for air conditioning rises. Saudi Arabia burned 0.9 million barrels per […]

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