Saudi Arabia Energy Profile: World’s Top Crude Oil Exporter – Analysis

Saudi Arabia was the world’s third-highest crude oil and condensate producer, the world’s top crude oil exporter, and OPEC’s top crude oil producer in 2022.^1

Saudi Arabia is a key member of OPEC+, and in October 2022, Saudi Arabia and other OPEC+ members agreed to crude oil production cuts intended to rebalance the...