Refined Oil

Saudi Arabia To Increase Refining Capacity, Become Second Largest Refined Oil Exporter

Saudi Arabia is looking to become the world’s second-largest exporter of refined oil in 2017, Saudi Oil Minister Ali al-Naimi said Wednesday, the Wall Street Journal (WSJ) reports. Al-Naimi said that the Saudi Kingdom seeks to increase refining capacity in an effort to diversify its economy and boost its share in the global crude and … Continue reading →