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Saudi Arabia's revenues increase by 257 billion riyals in 4 months
Revenues from Saudi Arabia increase during the first four months of the year In the first four months of 2018 compared to about 213.6 billion riyals in the same period of 2017.
According to the Analysis of the unit of reports in the press economy, high income Oil prices due to rising oil prices in the first four months of this year, compared with In the same period last year, despite the drop in oil exports of 0.2 percent, to 7.21 million barrels per day in the first four months of 2018 compared to 7.23 million barrels per day in the same period of 2017.
Jodi, exports Average oil prices in Saudi Arabia averaged 7.17 million barrels per day in January 2018, followed by 7.251 million barrels per day in February, 7.222 million barrels in March and 7.214 barrels in April. . ] With average exports of 7.713 million barrels per day in January 2017, then 6.957 million barrels per day in February, then 7.232 million barrels in March and 7.227 million barrels in April 1965. Since the beginning of the year. last year, members of the Organization of Petroleum Exporting Countries (OPEC) and independent producers led by Russia began to reduce their production of 1.8 million barrels The agreement will end in December 2018
According to the analysis, Saudi Arabia's revenues from its oil exports increased by 33.4% during the month of April this year, an increase of 39, about 17.26 billion riyals on an annualized basis, To achieve the value of exports 68.9 billion riyals in April 2018, compared to about 51.7 billion riyals in the same period of 2017.
< img src = "https://adserver.adtech.de/adserv/3.0/13 29/6585621/0/16 / ADTECH; loc = 300 "width =" 1 "height =" 1 "alt =" ADTECH Oil exports accounted for 77.9% of Saudi Arabia's total exports during the 1990s. of the month of April.
Saudi Arabia's revenues from its oil exports over the past year have increased by 25.1%. Saudi Arabia's oil exports accounted for 77% of Saudi Arabia's total exports in 2017, while non-oil exports accounted for 77% of Saudi Arabia's total exports in 2017, compared with 510.5 billion riyals in 2016. Oil prices fall with the increase of Saudi and Russian production
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