NOTE: The information regarding Crude oil - exports on this page is re-published from the CIA World Factbook 2020. No claims are made regarding the accuracy of Crude oil - exports information contained here. All suggestions for corrections of any errors about Crude oil - exports should be addressed to the CIA. Arabic is the official language. Saudi Arabia possesses around 18 per cent of the world’s proven petroleum reserves and ranks as the largest exporter of petroleum. The oil and gas sector accounts for about 50 per cent of gross domestic product, and about 70 per cent of export earnings.

The economy of Saudi Arabia is one of the top twenty economies in the world (). It is dependent on oil as the country has the second-largest proven petroleum reserves, and the country is the largest exporter of petroleum in the world. It also has the fifth-largest proven natural gas reserves and is considered an "Energy Superpower". With a total worth of US$33.2 trillion, Saudi Arabia has the rare bullish call on oil, Saudi Arabia isn’t counting on much of an uplift from crude prices in 2020. DUBAI — Saudi Arabia's economy grew by a weaker-than-expected 0.3% in 2019 as the oil sector contracted sharply, official data showed on Sunday, although the non-oil sector accelerated. As a partial substitute for Iranian barrels, crude oil imports to these countries from Saudi Arabia could stay near first-quarter 2019 levels for the coming months. Saudi Arabia’s support of maintaining current OPEC production cuts through March 2020, however,

As a partial substitute for Iranian barrels, crude oil imports to these countries from Saudi Arabia could stay near first-quarter 2019 levels for the coming months. Saudi Arabia’s support of maintaining current OPEC production cuts through March 2020, however,

NOTE: The information regarding Crude oil - exports on this page is re-published from the CIA World Factbook 2020. No claims are made regarding the accuracy of Crude oil - exports information contained here. All suggestions for corrections of any errors about Crude oil - exports should be addressed to the CIA. Arabic is the official language. Saudi Arabia possesses around 18 per cent of the world’s proven petroleum reserves and ranks as the largest exporter of petroleum. The oil and gas sector accounts for about 50 per cent of gross domestic product, and about 70 per cent of export earnings. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s crude oil exports and its import purchases for that same commodity. Saudi Arabia: US$182.5 billion (net export surplus down -27.1% since 2014) OPEC oil exports and production This is a list of oil-producing countries by oil exports based on The World Factbook [1] and other Sources. [1] Many countries also import oil , and some import more oil than they export. The economy of Saudi Arabia is one of the top twenty economies in the world (). It is dependent on oil as the country has the second-largest proven petroleum reserves, and the country is the largest exporter of petroleum in the world. It also has the fifth-largest proven natural gas reserves and is considered an "Energy Superpower". With a total worth of US$33.2 trillion, Saudi Arabia has the rare bullish call on oil, Saudi Arabia isn’t counting on much of an uplift from crude prices in 2020.

Saudi Arabia’s Crude Oil: Exports data is updated yearly, averaging 6,390.400 Barrel/Day th from Dec 1980 to 2018, with 39 observations. The data reached an all-time high of 9,223.200 Barrel/Day th in 1980 and a record low of 2,150.700 Barrel/Day th in 1985.

19 February 2020. Saudi Arabia's crude stockpiles fell by 11.8 million barrels in December, despite steady shipments by the world's biggest oil exporter, official  10 Mar 2020 Saudi Arabia escalated its oil price war with Russia as its Other members of the Organization of Petroleum Exporting Countries followed in their nearly 15% of economic output in 2020, while its net foreign reserves could  10 Mar 2020 Russia returned serve almost immediately, with Russian Energy Minister Alexander Novak saying his country's oil producers could lift production  24 Jul 2019 Saudi Arabia crude oil exports to selected countries March 2020, however, will likely reduce the Saudi Arabian crude oil available for export. 8 Mar 2020 Crude oil exports by country in 2018 plus crude oil exporting companies. March 8, 2020 by Daniel Workman Saudi Arabia: US$182.5 billion (16.1% of total crude oil exports); Russia: $129 billion (11.4%); Iraq: $91.7 

DUBAI — Saudi Arabia's economy grew by a weaker-than-expected 0.3% in 2019 as the oil sector contracted sharply, official data showed on Sunday, although the non-oil sector accelerated.

4 days ago March 14, 2020, 8:00 AM One week ago, as Saudi Arabia and other big OPEC countries and Russia gathered in Vienna to plan production cuts that could put a floor under falling prices due to the outbreak of coronavirus, 

19 February 2020. Saudi Arabia's crude stockpiles fell by 11.8 million barrels in December, despite steady shipments by the world's biggest oil exporter, official 

8 Mar 2019 United States will soon export more oil and liquids than Saudi Arabia, thanks to the continued rise in oil production from… Saudi Arabia plans to boost oil exports even further from April to May, reaching a record of more than 10 million barrels a day as the kingdom taps a new field. The increase in shipments of about Saudi Arabia is the top country by exports of crude oil in the world. As of June 2019, exports of crude oil in Saudi Arabia was 6,721 thousand barrels per day. The top 5 countries also includes Iraq, the United States of America, Canada, and Nigeria.

8 Mar 2020 March 8, 2020. Saudi Arabia slashed its export oil prices over the weekend in what is likely to be the start of a price war on Friday to join the Organization of the Petroleum Exporting Countries in a large production cut as the  3 days ago Saudi Aramco, the world's largest oil company, said on Sunday that its profit comes as 2020 is shaping up as a miserable year for the oil industry. and members of the Organization of the Petroleum Exporting Countries  4 days ago March 14, 2020, 8:00 AM One week ago, as Saudi Arabia and other big OPEC countries and Russia gathered in Vienna to plan production cuts that could put a floor under falling prices due to the outbreak of coronavirus,  11 Mar 2020 State-owned Saudi Aramco told to pump 13m barrels a day in effort to corner which is expected to wipe out forecasts for demand growth in 2020. on oil revenues than most countries and reportedly requires prices of about