Saudi Arabia’s Sales From Oil Exports Drop to Three-Year Low

Saudi Arabia’s Sales From Oil Exports Drop to Three-Year Low

Via Paul Wallace in bloomberg.com: Saudi Arabia’s revenue from oil exports has slumped to the lowest level in three years, caused by a drop in prices and the kingdom’s decision to curb production. Sales from shipments of crude oil and refined products fell to $17.7 billion in June, according to the country’s main statistics body. That’s down more than 9% year-on-year and about 12% from May.





Left Menu Icon
Logo Header Menu