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Actual and planned oil production Saudi Arabia 2020

Saudi Arabia had planned to reduced its oil production during the COVID-19 pandemic to approximately eight million barrels per day in the May-June period compared to 12 million barrels per day in April in 2020. The forecast showed that oil production will be at about nine million barrels per day in the second half of 2020.

Actual and planned oil production in Saudi Arabia in 2020

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Sources

Release date

June 2020

Region

Saudi Arabia, MENA

Survey time period

H1 2020

Supplementary notes

*Planned production

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Statistics on "Crude oil industry of the Gulf Cooperation Council"

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