Saudi Oil Policy: Continuity and Change in the Era of the Energy Transition

The crucial position that Saudi Arabia has in global oil markets cannot be overstated. In 2019 its proven crude oil reserves stood at 297.6 billion barrels, representing 17 per cent of the world’s total. In the same year Saudi Arabia produced 11.8 million barrels per day (mb/d) of crude, blended, an...

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Bibliographic Details
Main Author: Fattouh, B
Format: Working paper
Language:English
Published: Oxford Institute for Energy Studies 2021