Economics
Saudi Arabia’s Exports Surge in October on Higher Oil Prices
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Saudi Arabia’s exports soared in October as the world’s biggest oil exporter benefited from higher crude prices.
The value of exports jumped to 106.2 billion riyals ($28 billion) from 55.9 billion riyals a year ago, according to the kingdom’s General Authority for Statistics. The share of oil in total exports rose to 77.6% in October from 66.1%.