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Saudi’s refining boom helps it weather oil price war: Bousso – Oil & Gas 360

Summary by Oil & Gas 360
(BOE Report) – Saudi Arabia has been cranking up oil refining operations to capture strong profit margins, helping the kingdom offset revenue lost from declining crude prices and exports. The world’s top oil exporter has in recent years invested heavily in expanding and modernizing its refining and petrochemical capacity at home and overseas to meet growing demand for fuel and plastics while also securing outlets for its crude oil. Saudi Arabia h
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Energy News for the United States Oil & Gas Industry | EnergyNow.com broke the news in on Tuesday, May 27, 2025.
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