- Saudi Arabia lost its oil market share in top markets between 2013 and 2015
Market news
29 March 2016
Saudi Arabia lost its oil market share in top markets between 2013 and 2015
Saudi Arabia lost its oil market share in 9 of 15 top markets between 2013 and 2015, including China, South Africa and the U.S. Saudi Arabian oil market share in China fell to 15% in 2015 from 19% in 2013 due to higher imports from Russia, its share in the U.S. dropped to 14% from 17%, while its share in South Africa declined to 22% from 53% due to higher imports from Nigeria and Angola.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page