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
3 Jul, 2026
Featured
Saudi Arabia was able to continue supplying clients through the Hormuz crisis thanks to its bypass pipeline and overseas storage facilities. Oil export revenues spiked in March as a result, and even after dropping back in April they remained at pre-crisis levels.
10 Jul, 2026
26 Jun, 2026
5 Jun, 2026
15 May, 2026
8 May, 2026
27 Mar, 2026
Keep abreast with current events with our weekly headlines.
You’ll also be notified of our free articles & maps.
By signing up, you agree to receive promotional emails. You can unsubscribe at any time. For more information, read our privacy statement.