Saudi Arabia is building renewable energy projects at a fast pace. The country plans to reduce its domestic oil consumption by 2030. This change will make more crude available for export. Project completion rates are now challenging earlier doubts. This development will affect the global oil market. It could lead to an oversupplied market situation.
Saudi Arabia is losing its appetite for oil: Here’s what it means
September 30, 2025September 30, 2025|
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