Saudi Arabia Maintained Crude Oil Market Share In Asia In The First Half Of 2015

Saudi Arabia Maintained Crude Oil Market Share In Asia In The First Half Of 2015 by Rebecca George, U.S. Energy Information Administration

Source: U.S. Energy Information Administration, based on Global Trade Information Services and Apex

In the first half of 2015, Saudi Arabia exported on average 4.4 million barrels per day (b/d) of crude oil to seven major trading partners in Asia, making up more than half of Saudi Arabia’s total crude oil exports over that period. Even as global crude oil prices fell in 2014 and 2015, Saudi Arabia increased production and kept its export levels high, enabling it to maintain its market...