Insight
Saudi Arabia’s crude burn to weaken in summer 2024
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Saudi Arabia typically burns over 0.5 million b/d of crude oil for power generation. Oil burn is highly seasonal in Saudi Arabia, peaking in the summer months when air conditioning use soars. Saudi Arabia is increasingly importing cheap Russian fuel oil to replace crude oil. Read on as we examine whether this will have a measurable impact on this summer's crude burn.
Table of contents
- Executive summary
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Saudis signal quick production recovery following drone attacks: Can refineries follow suit?
Saudis signal quick production recovery following drone attacks: Can refineries follow suit?
$900
Commodity Market Report
Macro oils short-term outlook: September 2023
Prices rose in August reflecting the tighter H2 2023 market, followed by further strengthening on the Saudi and Russia supply cut extensions
$2,000
