International Energy Agency worried that Saudi Arabia's consumption of crude oil will increase its exports

International Energy Network News: According to the Saudi "Economics" report, the International Energy Agency recently warned that Saudi Arabia's fuel consumption for power generation will continue to increase its crude oil exports. It predicts that Saudi crude oil consumption will record high this year, and currently Global daily crude oil demand is maintained at about 91 million barrels.

The International Energy Agency stated that although Saudi Arabia promised to increase its crude oil production in June, its daily consumption of crude oil during the year is estimated to increase to 600,000 barrels per day, which will cause Saudi Arabia’s crude oil exports to shrink.

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