Value Of Saudi Oil Exports Soared 123% In June ...Middle East

Economy by : (OILPRICE) -
The value of Saudi Arabia’s oil exports jumped by 123.2 percent in June 2021 compared to the same month of 2020, the Kingdom’s General Authority for Statistics said on Tuesday. Saudi oil exports rose to $16.4 billion (61.45 billion Saudi riyals) in June 2021, from $7.4 billion (27.65 billion riyals) in June 2020, the data showed, as oil prices rallied this year after the slump in the spring of 2020 due to the pandemic and the oil price war Saudi Arabia started in March 2020. This year, the surge in oil exports pushed the value of total…

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