[ad_1]
Saudi Arabia's revenue during the first five months of the year increased by 27.1 percent to about Rs 70.7 billion to Rs. 331.4 billion during the first five months of the year. first five months of 2018 against 260.6 billion riyals over the same period in 2017. According to the badysis of the unit of reports in the economic newspaper based on the data of the General Organization of Statistics , rising oil revenues due to high oil prices in the first five months of the year, despite the near-stability of oil exports, To reach 7.168 million barrels per day in the top five The month of 2018 compared to 7.166 million barrels per day in the same period of 2017.
According to JDI data, Saudi oil exports averaged 7.17 million barrels per day in January 2018 and 7.251 million barrels per barrel per day. day. , Followed by 7,122 million barrels in March and 7,214 in April.
Average exports were 7.713 million barrels per day in January 2017 and 6.957 million barrels per day in February. ), Followed by 7.232 million barrels in March, 7.227 million barrels in April and 6.984 million barrels in May.
Since the beginning of last year, 2017, (OPEC) and independent producers led by Russia, have reduced their production by 1.8 million barrels per day until the end of the year. Agreement in December 2018.
According to the badysis, Saudi Arabia's revenues increased during the month of May (59.9%), an increase of about 27.8 billion riyals compared to the previous year, exports reaching 74.9 billion rials in May from 2018, against 47.1 billion rials in the same period of 2017.
Saudi Arabia's total exports in May 2018.
Saudi Arabia's revenue came from its exports Oil exports rose 25.1% last year to reach 128 billion of riyals, oil exports reaching 638.4 billion riyals in 2017, against 510.5 billion riyals in 2016.
Oil exports accounted for 77% of Saudi Arabia's total exports in 2017, while non-oil exports accounted for 23%.
* Economic Reports Unit
Source link
