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The reason why oil is so important is that Arabia's main export is oil and it relies on the oil it sells to richer countries.
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∙ 12y ago
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When did oil production began in Saudi Arabia?
Oil production began in saudi arabia in 1938.
Why would Saudi Arabia's oil exports be declining faster than its production of oil?
because saudi arabia has the most oil and the best oil
Why is Saudi Arabia producing so much oil?
Saudi Arabia is producing a lot of oil because it has large oil reserves. Saudi Arabia has one of the largest oil reserves in the world, and producing enough oil to trade to other countries, mainly the US, is very profitable for Saudi Arabia.
What does Canada import from Saudi Arabia?
Canada and most countries import oil and/or petroleum from Saudi Arabia Saudi Arabia has the largest amount of oil in the world
What is the name of Saudi Arabia's national oil company?
The name of Saudi Arabia's national oil company is Aramco.
Is it true that saudi arabia is the top oil producer?
Russia is the top oil producer. Saudi Arabia is the second.
What is the richest resource in Saudi Arabia?
Oil. Oil.
Why is Saudi Arabia known for oil?
Saudi Arabia is among the world's largest producers of oil.
Where is the largest stock of oil Saudi Arabia or Chilli?
Of course Saudi Arabia ...
What is the climax of Saudi Arabia?
OIL
Does Saudi Arabia sell oil to Canada?
Yes, Saudi Arabia is one of Canada's leading partners in oil exports.
Where was the worlds largest supply of oil recorded?
The world's largest supply of oil is recorded in Saudi Arabia, which holds the largest proven oil reserves globally. Saudi Arabia has vast amounts of oil reserves that have been a key factor in its prominence as a leading oil-producing nation.
