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Oil Price Drop Drives Saudi Exports Lower in October

Saudi Arabia’s exports fell by nearly a quarter in October from a year earlier, driven largely by a slump in global oil prices.

Exports fell to 57.8 billion riyals ($15.4 billion) from 76.8 billion riyals in 2019, the General Authority for Statistics said in a statement on Thursday. Revenues from oil exports fell by 32.7% during the same period.

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bloomberg.com
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