Jadwa Investment’s recently released Chartbook for the month of August 2012 found that the Saudi Arabian economy overall remained “robust.” Included in that report is a look at the oil sector in Saudi Arabia. Oil prices “climbed in July because of renewed political tensions with Iran and rising global stock markets,” Jadwa noted.
Also notable in that section is the graph on Saudi oil production figures since 2008. As you can see in the chart, oil production remains near an all-time high at above 10 million barrels per day in June and July.
To view the full Jadwa Investments August 2012 Chartbook, click here.
