Saudi Arabia is likely to export more crude

Saudi Arabia is likely to export more crude

The Kingdom’s Oil Minister Ali Al-Naimi said, “It is thanks to Asian demand and Gulf Cooperation Council (GCC) energy supplies that our region’s combined GDP is at an historic high and that economic growth remains strong.
“For decades, GCC energy supplies helped support economic growth in the US and across Europe… We have done the same in Asia, supplying energy to help fuel its increasing growth and prosperity.”

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