Production World oil production Oil Production in the Middle East Saudi Arabia's oil production in per day Saudi Aramco finance Fiscal breakeven oil prices in Saudi Arabia Contribution of oil to real gross domestic product growth in Saudi Arabia Value of net profit of Saudi Aramco Furth...
Facts & Figures Map of Saudi Arabia Sovereign:King Salman bin Abd al-Aziz Al Saud (2015) Total/Land area:829,999 sq mi (2,149,690 sq km) Population(2022 est.): 35,354,380 (growth rate: 1.63%); birth rate: 14.22/1000; infant mortality rate: 12.27/1000; life expectancy: 76.65 ...
Saudi Arabia rejected as “not based on facts” criticism of anOPEC+ decision last weekto cut its oil production target despite U.S. objections, and said on Oct. 13 that Washington’s request to delay the cut by a month would have had negative economic consequences. The White House pushed...
Since then, Saudi Arabia has become the world’s second-largest oil producer and the world’s largest oil exporter. Saudi Arabia takes control of the world’s second-largest oil reserves and the sixth-largest gas reserves. Because of the kingdom’s oil business, it has been categorized as ...
Saudi Arabia is an oil-rich, traditional Arab and Islamic society in the Middle East. The desert kingdom is conservative and there are many hurdles for liberal people. The culture dictates a modest dress code and there is a ban on alcohol. It is also an import based, consumerist and conse...
Inflation rate in Saudi Arabia (compared to previous years) Saudi Arabia: Trade balance (in billion U.S. dollars) Saudi Arabia: export of goods (in billion U.S. dollars) Saudi Arabia: import of goods (in billion U.S. dollars) National Finances Saudi Arabia: National debt in relat...
Ibn Saud, who had stayed out of the Arab revolt, consolidated his power over Saudi Arabia during the 1920s. By 1932, he ruled the Hejaz and the Nejd, which he combined into the Kingdom of Saudi Arabia. Oil Discovered The new kingdom was cripplingly poor, reliant on income from the ...
Saudi Arabia’s decision to once again flood oil markets in order to bankrupt US shale producers us a terrible decision, and could have a much bigger impact than the last time it tried to do the same
Saudi Arabia Facts and Figures.
Saudi Arabia also has one of the world’s youngest population. The Saudi economy is one of the top 20 economies in the world and is centered on the country large petroleum resources. Saudi Arabia is also the leading oil exporter and the second largest oil producer in the world. The ...