Saudi Arabia’s economic diversification investments are accelerating under its radical Vision 2030 program, but this is all being financed by crude oil revenues. Meanwhile unconventional gas developments and renewable energy are gaining traction as Saudi Arabia aims to end domestic oil burn.
| Crude Output | 9 | mn b/d |
| Crude Exports | 5.923 | mn b/d |
| Sales Gas Output | 123.5* | bcm |
| Oil & Gas export revenue | 223 | $bn |
*2023
14 Nov, 2025
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The Saudi Electricity Company’s latest results show that electricity demand set new records this summer. Yet oil burn is down as gas and renewables take on the load.
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