04 Apr 2015
(MENAFN) Saudi Arabia exported nearly 696 million barrels of crude oil in the first three months of the current year with proceeds amounting to USD36.24 billion, Arab News reported.
Domestic consumption during the same period reached nearly 200 million barrels, or 22 percent of the total output, an economic expert was quoted as saying by Al-Riyadh daily.
The Kingdom’s oil policy during the next period has been outlined by Minister of Petroleum and Mineral Resources that the Kingdom would maintain its (production) quota in the market.
Based on the above data, oil supplies are still rising and the global demand weak coupled with accumulated stockpiles globally and high price of dollar against other currencies.
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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