Middle East

Saudi Arabia

Saudi Arabia’s Crown Prince Muhammad bin Salman plans to transform the country and end its “addiction to oil.” But crude oil is set to remain its dominant revenue source and foreign policy tool for the foreseeable future. The kingdom is also eying unconventional gas to ease its gas shortages.

Saudi Powergen: Gas At Record Highs Both Overall And As A Percentage Of The Total (TRN Btu)
Saudi Oil Burning*: Volumes On Track To Hit New Annual High After Four Months As Fuel Oil Consumption Soars ('000 B/D)
Saudi Arabia Direct Crude Burn: On Track For Fourth Consecutive Annual Fall ('000 B/D)