Saudi Arabia Energy Profile: World’s Top Crude Oil Exporter – Analysis
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Saudi Arabia was the world’s third-highest crude oil and condensate producer, the world’s top crude oil exporter, and OPEC’s top crude oil producer in 2022.^1
Saudi Arabia is a key member of OPEC+, and in October 2022, Saudi Arabia and other OPEC+ members agreed to crude oil production cuts intended to rebalance the...