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Saudi Arabia's revenue from its oil exports increased 20 percent to 42.9 billion rupees to 256.5 billion rupees in the first four months of 2018 as against 213.6 billion riyals over the same period in 2017. According to the analysis of the report of Al-Eqtisadiah, the rise in oil revenues is due to rising oil prices during the first four months of the year. year compared to the same period last year, despite a decline in exports of 0.2% to 7.21 million barrels per day in the first four months of 2018 compared to 7.23 million barrels Average Saudi oil exports averaged 7.17 million barrels per day in January 2018, 7.251 million barrels per day in February and 7.122 barrels of crude oil for the first time in 2017. Million barrels in March and 7.144 in April.
Average exports were 7.713 million barrels per day in January 2017, 6.957 million barrels per day in February and 7.232 million barrels. In March, and 7.227 million barrels in April.
Since the beginning of last year 2017, the members of the Organization of Petroleum Exporting Countries (OPEC) and producers led by Russia, the production decreased by 1.8 million barrels per day in December 2018.
According to the analysis, Saudi Arabia's revenues from its oil exports increased by 33.4 percent during the month of April of this year. year, An increase of about 17.26 billion riyals on an annual basis, with exports reaching 68.9 billion riyals in April 2018, compared to 51.7 billion riyals over the same period of 2017.
Oil exports accounted for 77.9 percent of Saudi Arabia's total exports during the month of April.
Saudi Arabia's revenue from its oil exports over the past year, r Oil exports accounted for about 77 percent of Saudi Arabia's total exports in 2017, compared to about 510 , 5 billion riyals in 2016.
Non-oil exports accounted for 23 percent
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Average exports were 7.713 million barrels per day in January 2017, 6.957 million barrels per day in February and 7.232 million barrels. In March, and 7.227 million barrels in April.
Since the beginning of last year 2017, the members of the Organization of Petroleum Exporting Countries (OPEC) and producers led by Russia, the production decreased by 1.8 million barrels per day in December 2018.
According to the analysis, Saudi Arabia's revenues from its oil exports increased by 33.4 percent during the month of April of this year. year, An increase of about 17.26 billion riyals on an annual basis, with exports reaching 68.9 billion riyals in April 2018, compared to 51.7 billion riyals over the same period of 2017.
Oil exports accounted for 77.9 percent of Saudi Arabia's total exports during the month of April.
Saudi Arabia's revenue from its oil exports over the past year, r Oil exports accounted for about 77 percent of Saudi Arabia's total exports in 2017, compared to about 510 , 5 billion riyals in 2016.
Non-oil exports accounted for 23 percent
* Economic Reports Unit
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