Saudi Arabia’s oil sector underwent a rollercoaster year in 2020 in which oil export earnings fell by around 40%. No part of the sector was unchallenged by the dramatic impact of the pandemic.

2020 was a year unlike any other for the global oil industry. As one of the world’s largest producers Saudi Arabia was unable to avoid being swept up in the maelstrom. With the Riyadh-based Jodi releasing December 2020 statistics this week, a clearer picture of those unprecedented 12 months has now emerged. (CONTINUED - 1042 WORDS)