Trouble Brews In The Kingdom

A new report from Citigroup’s Heidy Rehman suggests that Saudi Arabia’s domestic petroleum consumption may equal production in 2030, leaving none to export. Of course, it won’t get this far—the kingdom’s balance of trade would quickly become unsustainable as oil exports dropped—but the report still highlights one of the many distortions in the Saudi economy.

Read Here – The National Interest

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