Saudi Arabia records $20 billion surplus after oil price surge
- Date: 05-Aug-2022
- Source: Arab Weekly
- Sector:Oil & Gas
- Country:Saudi Arabia
Saudi Arabia records $20 billion surplus after oil price surge
The surplus is largely due to oil revenues rising to more than 250 billion riyals, compared to around 132 billion during the same period in 2021, a jump of 89 percent.