Reducing oil production... Will Saudi Arabia become the smallest economy in the G-20Visits : 212

Reducing oil production... Will Saudi Arabia become the smallest economy in the G-20
  • 2023/07/09
  • 0
  • 212
  • economic plus

Oil flows represent a crucial point for Saudi Arabia in view of the Kingdoms annual export revenues, as oil alone accounted for about 80% of exports over the past year.
 
The growth of the Saudi economy will be affected by the Kingdom’s decision to extend its oil production cut this July, which may continue beyond next August, according to Bloomberg Agency.

Comments

Add Comment
No Comments