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Email this article: Saudi Arabia's revenue from oil and petroleum products rose 48%, says OPEC
Posted: Tue July 17, 2012 11:10 am
SAUDI ARABIA. The world's largest crude exporter shipped oil and products valued at US$318.5 billion last year compared with US$215.4 billion in 2010.
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SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."
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